ETH to $4K? 🤑 Big Money’s Moving In!

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So, Ethereum is hangin’ around $3,300. Which, let’s be real, is still more than most of my streaming subscriptions. Apparently, these ETF guys are throwing money at it – like $287 million in the last three weeks. BlackRock, bless their little institutional hearts, snagged a whopping 14.9 million ETH. There are some price levels everyone’s watching. Like everyone has a plan until they get punched in the face by a market correction.

Ether’s at roughly $3,300, and basically, it’s at a crossroads. Which is a dramatic way of saying “people are watching to see which way it goes.” You know, like waiting for a friend to decide what to order at a restaurant.

Some guy on X, TedPillows (creative handle, right? 🙄), says it’s all chill until it isn’t. If it gets past $3,400, look out, apparently we’re headed for $3,800-$4,000. Because that’s how it always works.

is still hovering around the $3,300 level.

A daily close above the $3,400 level will push Ethereum towards the $3,800-$4,000 zone.

If ETH breaks below the $3,200 level, a retest of $3,000 zone could happen before reversal.

– Ted (@TedPillows)

Source: TedPillows

Basically, the price is kinda…stuck. But, like, in a good way? Traders are studying volume and support, which is what they do. And the technical indicators are saying “momentum.” Sounds fancy, doesn’t it?

BlackRock is Basically Buying All the Ethereum

Ethereum’s getting some love from those ETF inflows. $4.7 million yesterday, but BlackRock was doing most of the heavy lifting with $14.9 million. It’s like they’re all in a competition to… accumulate digital coins? 🤷‍♀️

ETF inflow of $4,700,000 🟢 yesterday.

BlackRock bought $14,900,000 in Ethereum.

– Ted (@TedPillows)

Source: TedPillows

It feels stable though. These ETFs are hoarding Ethereum, which means they’re feeling optimistic. Or, you know, doing whatever the big banks do.

These big banks are noticing its potential. Their steady purchases keep things afloat and builds a support system. They’re basically like the responsible adults in the digital currency room.

ETFs Have Been on a Shopping Spree

AliCharts on X says ETFs have snatched up 89,660 ETH for about $287 million over three weeks! That’s…a lot of zeros. Which apparently signals long-term institutional demand. Who knew?

ETFs have accumulated 89,660 Ethereum , worth about $287 million, over the past three weeks.

– Ali Charts (@alicharts)

Source: Alicharts

All this buying pressure justifies the price. Investors are watching these flows like hawks. You know, because money.

Seriously though, a massive buildup can equal a major price jump. Less supply, more demand…it’s Econ 101, people!

You might also like: ETF Market Registers Highest Inflows So Far This Year As Bitcoin Notches $97k

The Next Move is…Unclear

So apparently, if it breaks $3,400, it might hit $4,000. But if it can’t hold $3,200, it might dip down to $3,000. Is this astrology or finance? Asking for a friend.

Falling below $3,200 will test the $3,000 support, which is a crucial zone before a reversal might happen. Traders are preparing for the bounce-or the plunge.

Currently, it’s consolidating, setting the stage for the next move. A daily close above resistance will show bullish continuation. Everyone’s waiting for a clear signal. Which, honestly, sounds exhausting.

The volume is good and order books look solid. Sounds promising…or it could all be a mirage. Who knows? 🤷‍♀️

 

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2026-01-18 07:36