#ETHRally Here’s the latest on the #ETHRally đŸ’„

ETH is trading at approximately $4,768, having surged nearly 6–8% this week thanks to optimism around a likely Fed rate cut in September .

It's now just 3–4% below its all-time high (~$4,867 in Nov 2021) .

Yahoo/Market Pulse confirms it has crossed the $4,700 mark—signaling key resistance being challenged .

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What’s Driving the Rally?

1. Institutional Inflows

Spot ETH ETFs have seen an inflow of over $1 billion in just days, with $2.3 billion accumulated in 6 days .

Corporate treasuries like BitMine, Sharplink Gaming, ETHZilla, and others now hold billions in ETH—significantly boosting demand .

2. Macro Tailwinds

Softer U.S. CPI data has strengthened belief in a Fed easing cycle, making risky assets like crypto appealing .

New U.S. stablecoin regulations (Genius Act/S.E.C.’s Project Crypto) benefit Ethereum, which underpins much of the stablecoin ecosystem .

3. Technical and On-Chain Metrics

A short gamma squeeze in options markets between $4,000–4,400 could drive a rapid move upward .

Surge in futures open interest and short liquidations highlight strong bullish sentiment .

Ethereum’s network throughput is up, with daily transactions near January 2024 levels—indicating healthy usage .

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Analyst Outlooks

Firm/Analyst Year-End Target Long-Term

Standard Chartered Raised ETH target to $7,500 by end-2025; $25,000 by 2028

Tom Lee (Fundstrat) Predicts $10K–$12–15K by end-2025

Cointelegraph / On-chain analysts ETH marching toward ATH, potential $13K in bull-run discovery zone

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What to Watch Next

Key levels:

$4,700–4,800 – current resistance zone near ATH.

$4,400 – support turning key breakout point, driven by option hedging .

$5,000+ – next psychological level; once cleared, may open path to technical targets.

Catalysts to Track:

Official Fed decisions or PPI/CPI reports impacting rate-cut expectations.

ETF inflows vs. outflows – sustained inflows increase bullish foundation.