The price of Ethereum (ETH) has exceeded $4,000 and currently trades at $3,960.98, marking a 3.07% increase in the last 24 hours. The market cap has risen to $477.1 billion, with a 3.07% increase, while the trading volume has surged by 8.26% to $30.34 billion, indicating growing investor interest and strong liquidity. Ethereum spot ETFs have experienced record-breaking inflows of $855 million, with BlackRock's ETHA and Fidelity's FETH leading the surge. The bullish sentiment is further supported by the positive momentum on the daily chart and the favorable position of moving averages. However, the Relative Strength Index (RSI) nearing overbought levels suggests the possibility of a short-term consolidation. The Ethereum market will continue to be impacted by ETF inflows and trading volume as key catalysts for its future movement.



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