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    1. coinfeeds-bot on

      tldr; Ether (ETH) shows a ‚Power of 3‘ trading pattern, suggesting a potential rally to $5,000. This setup involves accumulation, manipulation, and distribution phases, with institutional demand driving the price upward. Spot ETH ETFs recorded net inflows of 106,000 ETH last week, supporting the bullish outlook. However, ETH faces bearish risks, including a potential 25% correction to $1,600 due to whale activity and increased short positions. The market remains divided on ETH’s trajectory, with both upside and downside scenarios possible.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Umami_Tsunamii on

      This is some good hopium, seems like it’s cut with something. Is that, delusion? Yeah I think so. Some real good shit right here.

    3. *takes deep hit of hopium*

      *pauses*

      *takes another deep hit of hopium*

      *holds it in for 20 seconds*

      *slowly exhales*

      „Hell yeah brother!“

    4. If the STABLE and GENIUS acts are reconciled and passed (late July is the current ballpark estimate) then stablecoins on the ETH network should get a huge boost in usage, which would mean a lot more reason to hold ETH, basically, which would be the main catalyst that could have something like that kind of price moving power.

      There’s no reason why technical factors alone would just result in a 100% gain especially for something with as big of market cap as ETH.

    5. gnomer-shrimpson on

      If you ain’t huffing deep aggressive amount’s of ETH well brother you ain’t really living. Riding this train all the way to 1600

    6. I own ETH so I guarantee you it doesn’t top 3K in the next few years. You’re welcome

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