Ethereum is trading near $3,750 driven by key bullish signals 📈. Analysts highlight an ascending triangle in monthly charts, projecting a potential target of $16,700 (+350%). The monthly MACD shows a bullish crossover, historically linked to increases exceeding 1,000%. Ethereum Spot ETFs have seen 18 consecutive days of positive flows, surpassing $9.6 billion accumulated, and large companies already hold hundreds of thousands of ETH. This institutional demand creates an imbalance against the limited annual supply. A breakout could mark the largest bullish run of the altcoin cycle, consolidating Ethereum as key infrastructure.
#Ethereum #Altseason #Cripto #ETH #Blockchain 🚀🔥