A critical Fibonacci level has been keeping Ethereum at arm's length for two straight days, and how this weekly candle closes could determine whether ETH targets $3,000 or resets to a lower base.
🚨 Ethereum is approaching the $2,550 threshold again, reviving expectations of reaching $3,000.
📈 Inflows from US spot ETFs have turned positive again after outflows exceeding $400 million.
🔒 Staking ratio in $ETH supply has reached approximately 35%, while exchange balances have decreased. 📊 In addition to a technical breakout, strong ETF inflows are also needed for the $3,500 scenario.
Read More: The $3,000 Threshold in Ethereum is Back on…