🚀 $ETH Just Broke $3,500! Rally Mode Activated 🚀
Quick Take:
Ethereum blasted past $3,500, climbing over 10% in 24 hours and roughly 40% higher this month, hitting six-month highs.
Institutional money is flooding in: $727 million poured into U.S. spot ETH ETFs in a single day, with around $2 billion since July 4.
RSI charts flashed a bullish “buy” signal in April, historically marking the start of huge rallies—this one could stretch toward $7K–$10K
On-chain is hot: active addresses and network fees are surging, and nearly 4% of ETH supply is held in ETFs .
🔥 Why this matters:
The move above $3,500 isn’t just hype—it’s backed by a wave of big capital, robust technical signals, and underlying network usage. The mix of institutional demand, supply scarcity due to ETF holdings, and strong charts sets the stage for potentially $4K+ next.
Bottom line: ETH has flipped a major milestone and the momentum couldn’t be clearer. With signs pointing toward $4,000, keep an eye on whether this bullish trend keeps up steam.
