Ethereum ETF News Could Spark ‘Massive’ Move, Traders Say

Ethereum (CRYPTO: ETH) remains in a sideways range, but rising ETF inflows, whale accumulation, ETF applications are fueling speculation of a major rally.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Ethereum (CRYPTO: ETH)  $2,741.19 $330.5 billion +0.6%  +3.3% 
Bitcoin (CRYPTO: BTC)  $97,204.60 $1.92 trillion +0.8%  +1.4% 
XRP (CRYPTO: XRP)  $2.68 $155.09 billion +2.4%  +9.8% 

Trader Notes: Crypto trader Mikybull Crypto noted significant Ethereum accumulation, predicting that once ETH starts moving, the rally will be “massive.”

Crypto chart analyst Ali Martinez pointed out that Ethereum is range-bound, possibly retesting $2,300 support before a move toward $4,000. In a worst-case scenario, he warns of a double-top pattern.

Full story available on Benzinga.com

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