Ethereum Soars Past $3,100 as ETF Inflows Ignite Bullish Momentum

ETHUSD surges above $3100 on ETH ETF inflows. It hits a high of $3166 and is currently trading around $3162.

Overall trend remains bullish  as long as support $2000 remains intact. Watch out for $3200, any break above targets $3400/$3600/$3800/$4000. A robust bullish trend will only materialize above $4100.

Immediate support is around $3000. Any violation below will drag the price down to $2880/$2770/$2650/$2534/$2435/$2374/$2000/$1750/$1675/$1620/$1500/$1200/$1000. A breach below $1000 could see Ethereum plummet to $800/$500.

It is good to buy on dips around $2880 with SL around $2675 for a TP of $3000/$4000.