What's up, family! Get ready, because what's happening with Ethereum is not just a market movement, it's an institutional vacuum that is leaving the supply of ETH drier than a desert in the middle of summer. 🏜️

We are entering an era where mathematics and regulation are aligning to push Vitalik's currency to levels that many still don't believe. If you thought Ethereum was asleep, take a good look at what the "money owners" are doing while we blink. 👁️⚡

The Great Supply Kidnapping: Goodbye to cheap ETH? 📉

The people at Bitwise dropped a bomb that should have us all on high alert: by 2026, Ethereum ETFs could absorb more than 100% of the new supply being issued. Basically, they are buying all the bread before it comes out of the oven. 🥖 With over $18 billion already under management in these funds, we are facing a structural 'supply shock'. If demand keeps rising and there are no new coins to sell, you know what happens to the price. 🚀

Whales don't buy by mistake: The movement of $140.6M 🐋

It's not just the funds; there are also heavyweights making moves. Bitmine, the company linked to the famous Tom Lee, has just dropped $140.6 million to acquire more than 48,000 ETH. This is not 'testing luck'; it's a massive institutional bet.

But watch out, my people, not everything is rosy. The derivatives market is extremely hot. There are people leveraged to the teeth (up to 25x!), and that means that if the price drops a little, to $2,900, we could see a cascade of liquidations. The optimism is real, but the risk of a 'cleaning' before rising is still there. ⚠️

Uncle Fed opens the doors of the bank 🏦

The news that completes the puzzle comes from the Federal Reserve. They just removed the chains from banks that do not have federal insurance so they can custody cryptos and operate Ethereum nodes. This is like rolling out a red carpet for Wall Street to enter directly into the DeFi ecosystem. Fewer obstacles mean more institutional money flowing legally and safely. 📜✅

Chart Analysis: The path to $7,000 📊

If we look at the weekly chart of Ethereum that we have here above, the technical outlook is textbook:

  • The Symmetrical Triangle:We have been stuck in a giant consolidation since 2022. The yellow zone shows how the price is bouncing between higher lows (Higher Lows) and lower highs (Lower Highs). 📐

  • Watch out for the Fakeout: Do you see that red circle near $4,500? It was a 'false breakout'. Many thought we were going to the moon, and the market brought them back to earth. 🛑

  • The Final Goal: Currently, ETH is fighting at $3,102. If we manage to break the upper line of the triangle strongly, the technical projection (marked with that vertical red arrow) launches us directly to a target of $7,004. 🎯

We are at a moment where real scarcity will clash head-on with banking adoption. The question now is: Can the hunger for ETFs withstand the volatility of those operating with too much risk?$ETH