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Jani

06/12 01:26

Ethereum Holds Above $2,700 After Breaking Key Res

Ethereum Holds Above $2,700 After Breaking Key Resistance, This Price Level Now Acts as Strong Support
Ethereum holds above $2,700 after breakout, backed by record staking, strong ETF inflows, and growing institutional investment demand.
  • Ethereum holds above $2,700, confirming a breakout and strong support at key Fibonacci levels.
  • Staked ETH hits 34.8M, locking 29% of supply and signaling investor shift toward long-term holding.
  • Weekly inflows of $295M and rising ETF interest reflect growing institutional confidence in ETH.
  • Ethereum has remained above a key support zone near $2,500 for five consecutive weeks. The asset has recently broken out of a consolidation range and is attracting renewed attention from institutional investors. Its strong technical performance, rising staking numbers, and ETF inflows are contributing to a growing positive outlook.1749691556354.png

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