$ETH Attention, space watchers. This ETH move—could we be headed for $3000?! If you’re still holding short positions, be careful—watch out for a squeeze.
Fundamentals:
ETFs have had 8 straight days of net inflows. Just yesterday alone, $192 million was bought in—BlackRock’s group alone put in $116 million, setting a record. Over the week, institutions swept up 32,000 ETH. Even the big whales weren’t idle: in a single week, 17 new addresses appeared, and each of them holds more than 10,000 ETH. Even Arthur Hayes has spoken up: once it breaks $3000, he’s directly looking at $5000!
Technicals:
On August 21, the 50-day moving average crossed above the 200-day moving average—a classic bull-market signal. Price has already broken through the two key levels at 1980 and 2463. The next target is 2823, and then straight to 3000. As long as it breaks through the sell-pressure zone of 2550–2650 with volume, shorts are likely to get liquidated.
$3000—it's not a question of whether, but when.
For the exact entry points, 👇 come to my Binance chat room to get real-time info gaps 👇#香港大会 #ETH
Fundamentals:
ETFs have had 8 straight days of net inflows. Just yesterday alone, $192 million was bought in—BlackRock’s group alone put in $116 million, setting a record. Over the week, institutions swept up 32,000 ETH. Even the big whales weren’t idle: in a single week, 17 new addresses appeared, and each of them holds more than 10,000 ETH. Even Arthur Hayes has spoken up: once it breaks $3000, he’s directly looking at $5000!
Technicals:
On August 21, the 50-day moving average crossed above the 200-day moving average—a classic bull-market signal. Price has already broken through the two key levels at 1980 and 2463. The next target is 2823, and then straight to 3000. As long as it breaks through the sell-pressure zone of 2550–2650 with volume, shorts are likely to get liquidated.
$3000—it's not a question of whether, but when.
For the exact entry points, 👇 come to my Binance chat room to get real-time info gaps 👇#香港大会 #ETH
