🔥 Why Is ETH Surging?

1. Institutional Inflows: U.S. spot ETH ETFs attracted over $1 billion, and major companies are adding ETH to their treasuries.

2. Strong Technical Breakout: ETH broke key resistance (~$3,300), forming a bullish trend — triggering both retail and whale entries.

3. Supply Shock: Over 30% of ETH is staked, plus a recent short squeeze pushed the price even higher.

4. Upcoming Pectra Upgrade: Promises lower fees, smoother UX, and easier staking — boosting long-term investor confidence.

👉 ETH could soon target $3,500–$4,000, or higher if momentum continues. Surging Institutional & Corporate Demand

• Massive influx into spot ETH products: U.S. spot Ether ETFs recorded nearly $900M–$1.5B inflows in early July alone, signaling a strong institutional shift toward Ethereum .

• Corporate treasuries entering ETH: Companies like BitMine Immersion (backed by Peter Thiel) and SharpLink Gaming collectively now hold hundreds of thousands of ETH—often valued at over half a billion—in their treasuries #ETHBreaks3k #USCryptoWeek #ETH🔥🔥🔥🔥🔥🔥 $ETH