ETH Nears $4.35K: Can Institutional Demand Push Price to $5K?
ETH Nears $4.35K: Can Institutional Demand Push Price to $5K?
Ethereum’s latest rally has pushed its price to $4,349, the highest level since December 2021, marking a 41% surge over the past month. Despite this impressive performance—outpacing the broader cryptocurrency market by more than 30%—derivatives data reveals a lack of bullish conviction among traders.
While institutional inflows and corporate Ether reserves continue to grow, macroeconomic headwinds remain a critical risk to Ethereum’s ability ...
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