Ethereum $10K: Institutional bets continue
Ethereum shows all the indications that it is the next big facility play. Over the past few weeks, BlackRock and other major ETFs It’s accumulated ETH worth $240 millioneven before the Ethereum Spot ETF officially launched.
But they’re not just about spot ETF placement.
Actual target: ETH Staking ETF
The institution is preparing Future SEC approval for staking-based ETFsallowing them to offer Yield Generation Products. If approved, this is a game changer.
- ETH Staking = Passive Income
- ETH supply is deflationaryEspecially after the competition
- Real World Assets (RWA) value The sign It has been tokenized in Ethereum
- ETH remains The largest technology infrastructure in crypto
- Retail is still watching. Smart money is already running.
ETH Chart Analysis: Still Supports Retention
Looking at the chart, Ethereum is trading $2,533just above the main support level $2,475. The price bouncing off this level twice, indicating that it acts as a strong one Demand zone.
ETH/USD 2-hour chart – TradingView
but, 200 Emma in $2,591 It functions as a ceiling. ETH must break beyond this level to confirm momentum and enter a bullish continuation.
rsi A 2-hour time frame is around 37.90for a small amount of sale. This means that the downside is limited As long as the support doesn’t break.
Key Level:
- support: $2,475
- resistance: $2,591 and $2,732
- Breakout Zone: Moves above $2,732 will match acceleration over $3,000
Ethereum Price Prediction: The Road to $10,000
The road to $10,000 eth It doesn’t happen overnight, but the foundation is already laid:
- Facilities purchases are increasing
- Spot + Staking ETF is on the horizon
- Supply is shrinking (burn mechanism + staking)
- Ethereum dominates smart contracts, Defi, NFTS and now RWAS
By the time retail FOMO begins, ETH may already be in the middle.