Ethereum Soars Past $3,300 as Spot ETH ETF Inflows Shatter Records — $3,500 Next Stop?

Ethereum rockets past $3,300 as institutional money floods in—spot ETH ETFs just had their biggest haul ever. Is this the fuel for the next leg up?

Wall Street’s latest crypto crush

ETF inflows hit record highs, pushing ETH toward its next psychological barrier. Traders are eyeing $3,500 like kids staring at a cookie jar—just out of reach, but the ladder’s getting closer.

The cynical take

Same institutions that called crypto a scam two years ago are now piling in—nothing like FOMO to turn skeptics into true believers (with fees, of course).

At around 79, the relative strength index indicates that the market is overbought. Additionally, other indicators, like the Commodity Channel Index, are flashing red, indicating that short-term traders might begin to take profits.

Still, the broader structure remains constructive. Strong bullish trends are confirmed by moving averages that are still trending upward over the majority of timeframes. Although momentum might slow, institutional flows and corporate buying provide underlying support, which suggests any correction may be temporary.

ETH may attempt to test the $3,500 mark next if inflows hold or pick up speed. On the other hand, as overbought signals intensify, failure to maintain above the $3,300 zone may result in another round of consolidation.