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Blockonomi
2d
23
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Ethereum Eyes $3K as ETF Inflows Surge but Breakdown Risk Grows
- Ethereum remains near support as ETF inflows reach $700M, boosting investor sentiment.
- Futures premiums drop to 5%, indicating weak conviction despite institutional demand for ETH.
- Bullish technical patterns emerge, but Ethereum struggles to surpass $2,700 amidst growing network competition.
- Large ETH transfers raise concerns of volatility as Solana and BNB gain DEX market share.
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