๐ Ethereum Update: Despite a recent dip to $3,400, Ethereum's fundamentals remain strong with positive ETF and staking inflows. Notably, BlackRock's Ethereum ETF leads with assets totaling $3.58B. Staking is on the rise too, with 55.18M ETH staked and a market cap of $114.95B. Analysts predict a potential rebound, citing the Elliot Wave pattern. Could ETH hit $3,750 soon? Share your thoughts below! ๐ฌ
๐ Key Points:
- ETH price down 17.2% from Dec highs
- Strong ETF inflows, led by BlackRock
- Staking rewards average 3.06%
- Possible rebound to $3,750
Join the discussion! ๐