ETH Rallied 30% After Sentiment Collapsed: Here’s the Level That Matters Next
🚀 Ethereum surged over 5% to reach $2,420, with analysts eyeing the $4,700 resistance as a potential launchpad for targets up to $20,000.
📉 Despite a three-month low in crowd sentiment and a significant drop in ETH held on exchanges, the rally was fueled by macroeconomic factors and a record wave of short liquidations.
💰 Institutional interest is growing, with US spot Ethereum ETFs attracting over $220 million in net inflows, signaling positive momentum for the asset.
🚀 Ethereum surged over 5% to reach $2,420, with analysts eyeing the $4,700 resistance as a potential launchpad for targets up to $20,000.
📉 Despite a three-month low in crowd sentiment and a significant drop in ETH held on exchanges, the rally was fueled by macroeconomic factors and a record wave of short liquidations.
💰 Institutional interest is growing, with US spot Ethereum ETFs attracting over $220 million in net inflows, signaling positive momentum for the asset.