Ethereum ETF Money We Dey Enter Dey Push Rally; Dem Dey Target $4K Now, $16K By 2025
Ethereum ETF dem dey flow well well from July reach August, e lift ETH from $2,400 go about $3,300 as strong spot inflows and corporate demand dey push am rally. Net flow inside Ethereum ETFs dey positive for all days except three since July 1, while asset managers like SharpLink dey still dey gather ETH no matter the price. Glassnode on-chain Net Unrealized Profit/Loss metric dey below the last bull-run highs, meaning e get room for more gain. Standard Chartered set $4,000 year-end price target, and BitMine Tom Lee talk sey Ethereum fit reach $16,000 by 2025. The wider altcoin market don break above $1.2 trillion resistance, showing sey traders dey more bullish as dem dey shift capital. Traders suppose dey watch Ethereum ETF inflows, on-chain metrics and the $4,000 resistance level well to make better entry and exit moves.
Bullish
Di steady net inflows we dey go inside Ethereum ETFs plus di ongoing corporate accumulation dey yan say strong institutional demand dey, wey fit support short-term price momentum. On-chain metrics like NUPL wey still dey below previous highs dey suggest say more room dey for price to go up. The break of key altcoin market resistance at $1.2 trillion dey confirm say market get bullish sentiment, and capital rotation from ETH to altcoins fit make buying pressure strong. Medium to long-term price targets from Standard Chartered ($4,000) and Tom Lee ($16,000 by 2025) show say analysts believe in Ethereum growth. Traders fit expect these catalysts to keep bullish bias for ETH, but $4,000 resistance go be important for near-term plan.