Ethereum($ETH ) news

📊 Market Snapshot:

  • ETH Price: $4,760 (+2.92% daily, +30% weekly)

  • ETFs now absorbing more ETH than issued, fueling supply shock

💼 Institutional Demand:

  • ETH ETFs bought 500,000 ETH this month vs. 450,000 ETH issued since the Merge

  • Fidelity & BlackRock collectively hold $22.68B ETH

  • Analysts: A $1B+ single-day ETF inflow could trigger a 3–5% price pump

🏦 Wall Street Turns Bullish:

  • Standard Chartered raises 2025 ETH target to $7,500 (+58% upside)

  • CLARITY Act progress may unlock further institutional adoption

📉 Key Technicals:

  • Support: $4,348

  • Targets: $4,784 → $5,288 (Fib extension)

  • RSI: 79.9 (overbought) → possible pullback, but dip-buying remains strong

  • Breakout path: ATH $4,878 → next stop $6,000

Risks:

  • Rising Bitcoin dominance could drain altcoin momentum

  • ETF inflow slowdown may weaken rally

#Ethereum #ETHPrice #ETFs #CryptoMarkets #Altseason