Ethereum ($ETH ) Surges as Institutional Demand Returns đ
Ethereum ($ETH ) is back in the spotlight after climbing around 27% this week and testing the $2,400 resistance zone. The rally has been supported by strong spot Ethereum ETF inflows, with U.S. ETFs recording about $220 million in inflows on August 20.
ETH is currently trading around $2,330, while traders are closely watching whether $2,400 can turn into a new support level. A sustained move above that area could strengthen the bullish momentum, while rejection may bring renewed volatility.
Ethereum is once again becoming one of the major stories in the crypto market. đ„đ
#ETH
Ethereum ($ETH ) is back in the spotlight after climbing around 27% this week and testing the $2,400 resistance zone. The rally has been supported by strong spot Ethereum ETF inflows, with U.S. ETFs recording about $220 million in inflows on August 20.
ETH is currently trading around $2,330, while traders are closely watching whether $2,400 can turn into a new support level. A sustained move above that area could strengthen the bullish momentum, while rejection may bring renewed volatility.
Ethereum is once again becoming one of the major stories in the crypto market. đ„đ
#ETH