Ethereum Shows Potential to Outperform Bitcoin Amid $5.4B ETF Inflows

Ethereum (ETH) shows potential for a breakout similar to Bitcoin's 2021 bull run, driven by strong technical indicators, rising ETF inflows, and increased whale accumulation.

ETH recently broke out of a falling wedge pattern, indicating a possible trend reversal.
The Relative Strength Index (RSI) has tapped its long-term trendline three times, suggesting bullish momentum.
Over the last 20 days, Ethereum ETFs saw $5.4 billion in net inflows, with BlackRock's ETHA ETF accounting for over $4 billion.
On-chain data indicates a 40% increase in Ethereum ETF holdings in one month.
More than 200 new whale addresses have emerged since early July, with significant purchases reported.
ETH rebounded to $3,560 after dipping below $3,400, indicating strong buyer support.

Favorable technical indicators and institutional interest position ETH to potentially outperform Bitcoin in the coming months.

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