$ETH 1. Ethereum is at $3,420 after reclaiming the 200-day MA. Bulls defending $3,300.
2. Spot ETH ETFs saw $287M net inflows last week. First back-to-back positive weeks since May.
3. Pectra upgrade is live. Staking withdrawals are faster and blob fees dropped 60%. Gas is cheap again.
4. Break $3,550 with volume and $3,800-$4,000 is the next target zone.
5. Lose $3,250 and we retest $3,050 support. Below that, $2,850 comes in play.
6. ETH/BTC ratio bounced off 0.044. First sign of rotation from BTC to alts in 6 weeks.
7. L2 activity is exploding. Base, Arbitrum, and Optimism combined hit 8.2M daily txs.
8. Staking ratio hit 28.9%. Over 34M ETH is locked, reducing liquid supply.
9. NFT and AI token volume on Ethereum is up 42% MoM. Real usage is returning.
10. ETH looks coiled. High beta to BTC, lower supply, ETF flows starting. You watching?
*Caption:* ETH at $3,420. ETF inflows back, Pectra live, L2s printing. Breakout to $4K?
#Ethereum✅ #ETH #cryptouniverseofficial #Altcoins #ETHETF