🚨 Ethereum Bulls Must Break $2.8K – The Calm Before the Storm? 💥
ETH just tested $2,880 — its highest in 4 months — but quickly pulled back to $2,550. Now all eyes are on the $2.8K resistance level, a key battleground that could trigger a violent upward move if broken! 📈
🧠 Why this matters:
✅ Spot ETH ETFs have seen $861M+ in net inflows in just two weeks — strong institutional demand is not slowing down.
✅ Staked ETH just hit a record high of 35M ETH, shrinking liquid supply and signaling growing investor confidence.
✅ Accumulation addresses (wallets that never sell) hold 22.8M ETH — an all-time high worth $58B. That’s diamond hands in action. 💎👐
✅ ETH is wedged between two major SMAs — the 200-day at $2,600 (resistance) and 50-day at $2,450 (support). A breakout here could mirror BTC’s 40% rally last November.
💬 Analysts say a clean breakout above $2,800 could open the floodgates toward $3,000 – $4,100, fueled by bullish momentum, institutional inflows, and technical setups like the bull flag.
🧨 Is ETH gearing up for a major breakout? Or will the $2.8K wall hold?
👉 Comment your thoughts below and tell us where you think ETH is headed next!
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