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Ethereum (ETH) is poised for a breakout above $2,000, fueled by resurgent ETF demand, strong network activity, and a bullish technical setup. Institutional inflows and rising DeFi metrics signal growing confidence in ETH’s upward momentum.
- Ethereum ETFs recorded $64.1M in net inflows on April 28, signaling renewed institutional interest.
- Ethereum's TVL surged 16% weekly to $51.8B, with Aave, Lido, and EigenLayer leading growth.
- A bull flag pattern on ETH's 4-hour chart projects a 15% rally to $2,100 if $1,800 resistance holds.
📎 Related coverage from: cointelegraph.com
Other Tags: James Butterfill, Nebraskangooner, Bullish, Coinshares, DeFi, DeFiLlama, DEX, EigenLayer, Ether.Fi, Ethereum ETF, Lido