menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Ethereum E...
source image

Coindoo

4w

read

272

img
dot

Image Credit: Coindoo

Ethereum ETF Inflows Spark Debate: Real Demand or Speculative Bounce?

  • Ethereum's recovery and potential breakout are attributed to market sentiment shifts and increased interest in Ethereum ETF inflows.
  • 10x Research highlights a symmetrical triangle formation in ETH, indicating a potential move towards $2,000 or $3,000 based on momentum and macro conditions.
  • The narrative around Ethereum ETFs is evolving, with speculation on whether institutions will drive real demand for ETH following Sharplink Gaming's $425 million allocation into the asset.
  • Bullish drivers for Ethereum include upcoming Petra upgrade, GENIUS Act progression, and market dynamics favoring high beta assets like ETH, signaling a pivotal moment for Ethereum's adoption.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app