#ETHBreaks3700 Ethereum has just broken through the $3,700 mark, which is huge news. This surge is driven by substantial spot ETH ETF inflows, reaching $332.92 million, which is the highest since the ETF launch. This influx of investment shows growing confidence among retail and institutional investors ¹.
From a technical standpoint, breaking through $3,700 is a critical resistance level, and if Ethereum consolidates above this level, experts predict it could rally toward $4,000 and beyond in the short term. The broader crypto market sentiment is also playing a role in Ethereum's recent price rally, thanks to Bitcoin's steady performance and increasing adoption of Ethereum-based applications ¹ ².
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