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Ethereum has surged over 70% since mid-June, reclaiming key resistance levels amid aggressive buying by US institutional whales. A notable Coinbase premium and record ETF inflows signal growing confidence in ETH as a core digital asset. Analysts watch for signs of overheating as momentum builds toward potential altseason.
- Ethereum's price surged 70% since mid-June, reclaiming $3,500 with minimal retracement, signaling strong bullish momentum.
- A Coinbase premium indicates aggressive spot buying by US institutional whales, reflecting renewed confidence in ETH.
- Record inflows into Ethereum spot ETFs and reclaimed moving averages suggest sustained demand, with $3,742 as the next key resistance.
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