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Why Is the Ethereum Price Up Today?

  • Ethereum price saw a 10% uptick, going above $2,750, the highest since May 29.
  • The surge is linked to increased ETF inflows and rising institutional interest.
  • A cup and handle pattern suggests a potential target of $3,078 in June.
  • Institutional buying by firms like BlackRock could lead to further gains in Ethereum price.

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