đ° Ethereum Rockets Toward $4K: ETF Inflows and On-Chain Strength Align
Ethereum is showing breakout strength as it nears the $3,800â$4,000 resistance zone. This move comes on the heels of massive ETF inflows, positive sentiment, and sharp on-chain accumulation by large holders.
đ Composite Analysis
ETF Momentum: Ethereum-based ETFs saw back-to-back inflows, crossing $700M daily, marking the strongest institutional interest since launch.
Price Action: ETH printed higher highs and higher lows for six consecutive days. The breakout above $3,600 confirms a mid-term bullish pattern.
On-Chain Signals: Exchange balances for ETH dropped significantly this week, while staking contracts reported a 4% increase in new depositsâsignaling reduced selling pressure.
Sentiment: Market sentiment around Ethereum remains optimistic, with increasing chatter about its role in institutional portfolios.
Correlation Shift: ETH decoupled slightly from Bitcoin, showing more aggressive gainsâa pattern often seen in early altseason phases.
đ§ Outlook
Ethereum is not just riding Bitcoinâs coattails. Itâs demonstrating independent strength driven by real fundamentals: ETF traction, staking activity, and reduced sell pressure. If it sustains above $3,600, the next resistance band lies around $3,950â$4,100.
Short-term pullbacks may occur if Bitcoin volatility spikes, but ETHâs structure remains bullish unless price drops below $3,420.
đ Key levels to monitor:
Support: $3,540 â $3,600
Resistance: $3,950 â $4,100
Staking growth and ETF net flows
#Ethereum #ETFMomentum #OnChainData #Altseason #CryptoMarkets
