🚨 Ethereum to $5,000?! IT's POSSIBLE! Here's why:

While #Ethereum saw a slight correction at the weekly open, the deeper data from futures and options markets is screaming a different story. Analysts are buzzing with excitement, and it looks like a breakout to $5,000 might just be around the corner for #ETH!

Even though Ether hit a seven month high recently, derivatives traders aren't showing any signs of backing down. The monthly futures premium for ETH is at its highest in nearly five months, sitting at a solid 8%. This tells us that traders are still super bullish, and there's plenty of room for leverage if ETH pushes past that $4,000 mark with conviction.

What's really fueling this fire? Massive spot Ether #ETF inflows! We're talking over $4.23 billion in net inflows since July 11th, pushing total US listed assets under management to over $17.24 billion. Plus, more than 40 companies are now holding at least 1,000 ETH in their corporate reserves, with some, like Bitmine Immersion Tech and SharpLink Gaming, holding billions! Institutional conviction is booming, and as long as that demand holds steady, a leap past $5,000 is looking more and more like a real possibility. Get ready for the ride and follow @Professor Mende - Bonuz Ecosystem Founder for more! #Altcoins #EthereumETF #AltcoinSeason