Ethereum's recent rally past $4,300 highlights strong technical patterns and robust ETF inflows, propelling it to challenge major market players like Mastercard.
Ethereum rallied 1.45% in the past 24 hours, reaching over $4,313 and positioning itself as the 22nd largest asset by market cap, surpassing Mastercard's near $520 billion. Technical analysts note a breakout from a Wyckoff Accumulation pattern and a symmetrical triangle formation, with forecasts suggesting potential targets of $6,000 to $8,000 and more. Significant ETF inflows of $461.21 million and notable whale accumulations underscore strong bullish sentiment.
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