Ethereum has maintained an upward momentum, trading close to $3,880 amid strong on-chain fundamentals and growing institutional interest. Key indicators such as a Total Value Locked near $84 billion, increasing daily active addresses, and significant declines in exchange reserves highlight sustained accumulation. A consortium of Asian investors is preparing a $1 billion Ethereum treasury, reinforcing ETH's role as a valuable regional reserve asset. Technical analysis shows Ethereum consolidating within a symmetrical triangle, with potential breakouts toward $4,300 and beyond if resistance levels are surpassed. Overall, institutional inflows combined with bullish on-chain metrics point to a promising outlook for Ethereum's price movement.
Continue to read Ethereum's Steady Rise: Institutional Demand and On-Chain Data Signal Potential Breakout
Ethereum has maintained an upward momentum, trading close to $3,880 amid strong on-chain fundamentals and growing institutional interest. Key indicators such as a Total Value Locked near $84 billion, increasing daily active addresses, and significant declines in exchange reserves highlight sustained accumulation. A consortium of Asian investors is preparing a $1 billion Ethereum treasury, reinforcing ETH's role as a valuable regional reserve asset. Technical analysis shows Ethereum consolidating within a symmetrical triangle, with potential breakouts toward $4,300 and beyond if resistance levels are surpassed. Overall, institutional inflows combined with bullish on-chain metrics point to a promising outlook for Ethereum's price movement.
Continue to read Ethereum's Steady Rise: Institutional Demand and On-Chain Data Signal Potential Breakout
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