Ethereum Heating Up?

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Hey crypto trailblazer, 👋

Ethereum is grabbing headlines with big moves in price, institutional activity, and technical potential. Here's your latest on ETH's momentum:

🚀 BlackRock Drives ETH Rally Momentum

Institutional interest in Ethereum is gaining steam. Spot ETH ETFs have seen four consecutive weeks of inflows, adding 97,800 ETH, while ETH futures open interest rose 40% over 30 days, now surpassing $36 billion.

Amid this backdrop, BlackRock has quietly accumulated 1.5 million ETH, spending around $500 million in the past 10 days—demonstrating serious institutional conviction

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📈 Technicals Suggest Rally to $3,000–$3,600

Ethereum is currently consolidating in the $2,300–$2,800 range, but bullish signals are building. The 200-day EMA continues to support price, and a hidden bullish divergence on the RSI hints at a breakout.

Most notably, ETH is back above the midline of its Gaussian channel, a dynamic trend indicator. Historically, crossing this level preceded big rallies. ETH climbed 93% to $4,000 in 2023 and 1,820% in 2020. The current setup points to a potential surge toward $3,100–$3,600

Stay epic,

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.