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#GateSquare# and #ETH Hits 4800# #ETH#
Recently, ETH has started to gain more attention in the news than BTC, as it has begun to regain its former popularity and investors after a prolonged downward trend lasting for months. One of the most important resistance levels, the $3800 region, has been broken after a long hiatus. Now, the critical resistance level we need to overcome is $4000, and I believe ETH is ready to surpass this level as well and will soon break the $4800 range, reaching the highest level of the year, and I think the price of ETH will reach 10k by the end of the year.
Open Positions in ETH CME Futures Contracts Reached an All-Time High of $7.85 Billion.
📈 Yesterday, the total net inflow to spot BTC ETFs was approximately 130.8 million dollars.
The total net inflow to spot ETH ETFs was $452.8 million.