Ethereum Eyes $4,100 Breakout Amid Strong ETF Inflows

- Ethereum (ETH) on the verge of a significant price breakout - Key resistance level at $2,800, amid strong institutional demand On June 19, 2025, Cointelegraph reported that Ethereum (ETH) is on the verge of a significant price breakout. This potential breakout is driven by strong institutional demand and bullish technical signals. Analysts suggest ETH could experience a significant upward movement if it decisively breaks and maintains above the critical resistance level of $2,800, potentially leading ETH to a target of around $4,100. Net inflows into spot Ether ETFs, which amounted to $861.3 million over the two weeks preceding the report, support this bullish sentiment. Additionally, the total amount of staked ETH and the number of accumulation addresses have reached all-time highs, indicating strong investor confidence and reduced selling pressure. Specifically, investors now stake over 35 million ETH, and accumulation addresses hold approximately 22.8 million ETH. From a technical perspective, ETH's price is positioned between two key moving averages: the 200-day simple moving average (SMA) at $2,600 acting as resistance, and the 50-day SMA at $2,450 serving as support. A sustainable move above the 200-day SMA is crucial for a continued rally, while chart patterns, such as a bull flag and a cup-and-handle, suggest targets near $3,900 and $4,200, respectively. Earlier in June, ETH's price reached a four-month high of $2,880 on June 11, but it then corrected to around $2,550 at the time of the report. According to the latest market data, Ethereum (ETH) is trading at $2,516.25 as of June 19, 18:09 UTC, and its 24-hour trading volume has increased by 1.039%.