Ethereum Surge Moment: ETF Attracts More Capital Than Bitcoin, Is the Next Target 3000? Or 13000?
Don't blink, ETH is quietly entering the pre-heating phase of a major upward wave.
Just on Wednesday alone, the Ethereum spot ETF attracted $240 million, surpassing Bitcoin ETF's $164 million inflow, marking 18 consecutive days of inflow, firing on all cylinders—this is the largest single-day inflow in four months, not driven by hot money frenzy, but by heavyweight institutions placing heavy bets.
Key Drivers:
Total Staking Reaches New High: 34.65 million ETH is locked up, accounting for nearly 29% of the circulating supply, sending a strong signal—those with real faith are not selling, but are locking up for the long term.
BlackRock's ETHA Absorption: Single-day inflow of $163 million, 23 consecutive days of inflow, holding 1.55 million ETH, while you are still on the sidelines, they have already bought their way to becoming on-chain landlords.
Pectra Upgrade & New Government Regulations Relaxation: Not only has the technical bottleneck been addressed, but policy risks are also easing, fundamentally transforming ETH.
On the technical chart front, it's no longer low-key:
The daily head and shoulders structure has broken through.
The ultra-long downward trend line since 2021 has been cut.
The pattern points to a first target of 3300, and a second target of 4000+
Don't think this is just a short-term emotional explosion, the Elliott Wave structure has been rising in five waves since the bear bottom in 2022, brewing for a full-blown explosion.
Even more explosive: The current trend structure of ETH almost perfectly replicates the rhythm of BTC before its launch in 2020.
BTC at that time went from COVID crash → recovery → take-off
ETH is now stabilizing its rhythm at the Fibonacci golden ratio
If history repeats itself, the wave endpoint for ETH is between 5,900 and 13,800—not a slight increase, but a ladder-like surge.
Short-term risks? Of course.
Currently facing resistance around 2800, MACD is starting to flatten.
If it cannot directly break through 2880, it may pull back slightly to the 2680-2620 range to gather strength.
But the real highlight is not whether it rises 10% today or falls 3%, but the entire narrative shift:
—ETH has transitioned from 'the overlooked second place' back to 'the main character’s position'.
