Ethereum Range Tight Wen ETF Inflows Dem and Exchange Reserves
Ethereum wey dey for Binance don blow reach 4.9 million ETH, na di highest since May 2023, wey fit mean say some people fit wan sell. But for USA, spot demand still strong gidigba, Ethereum ETFs pull $148 million on July 3, plus net assets don cross $10.8 billion. For four-hour chart, ETH dey trade inside small triangle with support at $2,478 and resistance at $2,558, RSI neutral and EMA dem dey lean towards bullish. Analysts dey see say if e break above $2,560, e fit target $2,639–$2,723, but if e drop below $2,478, risk dey for $2,388–$2,320. Bitwise talk say ETF inflows fit reach $10 billion by year end because tokenized asset use cases and SEC dey okay with staking. Traders dey wait for clear sign to know where e go move next.
Neutral
As Binance dey get record Ethereum reserves and big ETF inflows wey show say institutions dey interested well well and fit make market get wahala, price dey remain inside tight range with momentum we no dey show any side. Short-term traders fit dey look for breakout pass $2,560 or breakdown under $2,478, but because nothing clear dey push am, e mean say price go still dey consolidate before e fit make better move.