Main takeout:
Strong Etherum ETF Inflow signal high institution demand.
Ether Lee’s $ 51.8B tvL and 30% DEX weekly volume increase show a strong network strength.
The bull flag pattern of the ETH 4 -hour chart aims to be $ 2,100.
ETHER’s (ETH) price rose to $ 1,860 on April 28, which was the highest value since April 2.
Some analysts argue that more than $ 1,800 should be maintained to increase the possibility that ETH prices will rise.
“ETH checks for nearly 4 hours for more than $ 1,800, ether and Altcoins finally said in the April 29 post on X.
“I can feel it in the bone. $ 2,000 is coming quickly.”
NEBRASKANGOONER, a popular analyst, agreed that if ETH faces a mass rejection at $ 1,800, it can test the level of $ 1,600.
ETF ETF demand rate
Some data metrics suggest that ethers are well arranged for $ 2,000 for the next few days or weeks.
One element that supports the bull case of Ether is a resurrected institutional demand and is reflected by a significant inflow to the Spot Ethereum Exchange-Traded Funds (ETF).
On April 28, Ether Leeum ETFS saw a total of $ 64.1 million. This has resulted in a total of $ 110 million in inflow during the week, which ends on April 25, the highest since February 2025.
The increase in institutional demand has been strengthened last week with the net inflow of $ 183 million in Etherrium Investment products, and the eight -week leak was over as reported by Coinshares.
This trend reflects the increase in trust between traditional financial players, as observed by market analysts such as James Butterfill, the research director of Coinshares.
“We are concerned about tariff impact on corporate imports and dramatic weakening of the US dollar have turned into digital assets, which is why it is considered to be emerging safety havens.”
Organ purchases absorb the available supply to give continuous pressure on the price of ethers.
The powerful Ether Leeum Onchain activity has come back
According to DEFILLAMA’s data, Ether Leeum remains the best layer -1 block chain with no controversial over $ 51 billion in the network. The chart below shows that Ether Lee’s TVL has increased by about 16% over the last seven days.
AAVE was one of the most powerful performers in Ethereum deposits, and TVL increased 13.5% over 7 days. Other notable increases include LIDO (12%), unique layers (13%) and Ether.fi (12%).
Compared to other top -tier networks, Ether Leeum Network surpasses rivals in terms of TVL growth of daily and daytime frames, except for SUI, which has increased 47% of TVL over the last seven days.
Ether Lee’s daily Dex has increased by more than 30% over the past week to $ 1.66 billion. However, this is significantly lower than the 78% and 44% increase in SUI and Solana, respectively.
relevant: The Ettherrium Foundation mixes leadership, split board and management.
ETH Price Bull Flags aims for $ 2,100
The ETH/USD pairs are likely to resume upward momentum despite the rejection of $ 1,860 because the chart shows a classic strength pattern.
Last week’s price action resulted in a bull flag pattern on the four -hour chart as shown below. On April 29, when a four -hour candlestick is nearing the upper boundary of the flag for $ 1,800, the upward movement began.
The height of the flagpole sets the goal and projects the price of ETHER to about 15% or about 15% from the current price.
Another strong indicator is the relative robbery index moving within a 60 -year -old positive area, suggesting that market conditions still prefer to rise.
As reported by COINTELEGRAPH, the demand for $ 1,700 in the SMA on the 20th is a solid basis for $ 2,110, and eventually told to $ 2,500 to $ 2,500.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.