🚀 Exciting news about Ether, which is getting ready to breakout at $3,200! 📈 Following the presidential election results where Donald Trump won, inflows into Ether ETFs have been very positive! 🎉
On November 6 and 7, the ETF recorded net inflows of $52.3 million and $79.7 million, respectively, according to data from Farside Investors. 💰 Bitfinex analysts believe that Ether could soon break its long-term barrier due to strong accumulation, and they predict a target of $3,200 in the next few months. 🌟
As long as Bitcoin dominates the market with 60.4%, the possibility of Ether breaking out is getting bigger! 📊 Analysts are optimistic after the election, giving a breath of fresh air to the crypto market, and there are hopes that Bitcoin could break $100,000 by the end of 2024. 🤞
Ether’s open interest has touched $1.3 million, indicating increasing volatility, which could create room for a price increase in the near future. ⚡
With pro-crypto policies likely to be implemented during the Trump administration, we could see the ETH staked ETF accelerate, which would definitely make ETH more interesting to watch. 😎 We might see Ether return to its previous high of $4,800! 💥
So, get ready for the next exciting ride in the crypto world! 🌍✨