🔥 $ETH close to $4,300 after record inflows in ETFs — headed for $5K?
Current Price and Technical Structure
Current price: $4,269.95
Intraday range: $4,173.87 – $4,351.41
ETH maintains a strong upward trend thanks to massive institutional demand and renewed interest in its ecosystem.
Key Factors
Record inflows of $461 M in ETFs in a single day, led by BlackRock, Fidelity, and Grayscale.
Accumulated flows exceeding $8–9 B so far this year.
Strong accumulation: whales and corporations like BitMine and Ether Machine are increasing reserves, while liquid supply is decreasing.
Rise of over 45% in the last month, with technical signals pointing to the psychological target of $5,000.
Technical Level of the Day
Immediate support: $4,200–$4,250
Immediate resistance: $4,350–$4,400
Critical zone: A consolidation above $4,300 would facilitate the path towards $5,000, although macro risks and investor caution remain.
Institutional / Macro Outlook
The steady flow of ETFs, accumulation in institutional balances, and regulatory adjustments are positioning ETH as an investment pillar. The staking ETF and the legal framework (GENIUS/Clarity Act) continue to strengthen its narrative as a productive asset.
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