Ethereum has rebounded from the $3,300 support level and is aiming to break above $3,500 with increasing institutional investment. The recent pullback tested the $3,300 support level but Ethereum is now making a bullish recovery. The price is currently at $3,427, with a bullish candle and the MACD and signal lines preparing for a bullish crossover. The intraday recovery is supported by strong institutional backing, with significant inflows from Fidelity, BlackRock, and Grayscale. If Ethereum breaks above $3,500, the next target could be $4,000, while key support levels are at $3,244 and $3,000.



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