ETH on Fire! $ETH Blasts Past $3,400 – What's Next?

#Crypto fam! Let's dive into the exciting action on ETH as it continues to make big moves today. Ethereum is stealing the spotlight, fueled by strong ETF inflows and a clear surge in buying momentum!

* Powerful Breakout: ETH has decisively broken above the $3,400 mark, a key psychological and technical resistance level. This signals strong bullish conviction.

* New Support Zone: The $3,350 - $3,400 range is now the critical immediate support. Holding this level will be crucial for the continuation of the uptrend.

* Eyeing Higher Targets: With this momentum, ETH is setting its sights on the next significant resistance around $3,500 - $3,580. A sustained push above this could open the doors for further gains.

* Strong Fundamentals: Beyond the charts, record institutional interest (especially from Spot Ether ETFs) and growing on-chain activity are providing a solid fundamental backbone to this rally. The network is buzzing!

The overall sentiment around $ETH is overwhelmingly bullish. Keep a close watch on volume as it approaches higher resistance – strong buying volume on the breakout will confirm the strength of the move!

What's your price target for $ETH this week? Share your thoughts below! 👇

#ETH