🚀 Ethereum’s Wild Ride: ETFs, Tom Lee, and a $4,600 Dream! 🤑

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Ah, Ethereum, that fickle muse of the markets! Behold, the digital darling, ETH 🌟, hath reclaimed its throne at $3,059, a 17% leap from its woeful low of $2,620 on November 21. What sorcery is this? 🧙♂️

Lo, the institutions, those wise (or foolish?) guardians of wealth, hath poured $291 million into US Ethereum ETFs since November 21, as FardiseInvestors doth proclaim. ‘Tis a veritable feast of discretionary buying, with derivatives and spot markets rejoicing in this bounty! 🎉

And who should lead this charge but the intrepid Tom Lee, whose wallets, linked to Bitmine, hath swallowed $44.3 million in ETH, pushing weekly purchases to a staggering $185.6 million. “ETH shall reign in 2026!” he doth declare, with a confidence that would make even the most skeptical courtier blush. 😏

🗣️ “TOM LEE IS STILL BUYING ETH!”

Bitmine’s wallets just saw inflows of $44.3M ETH, and have purchased $185.6M ETH over the past week.

Tom Lee believes that 2026 will be bullish for $ETH.

– Arkham (@arkham) November 28, 2025

In a proclamation on Nov 24, Lee, with the gravitas of a court jester turned sage, confirmed his annual shareholders’ gathering in Las Vegas for January 2026. “Fear not!” he cried, “Ethereum hath strong support at $2,500, and a supercycle doth approach!” 🌪️

Ethereum Price Forecast: Can the Bulls Break Free and Charge to $4,600?

Institution-driven inflows hath propelled a 17.8% rebound in Ethereum’s price over eight days, while a falling-wedge pattern doth hint at a 50% upside. Ah, the falling wedge-a bullish reversal, where sellers grow weak and buyers grow bold! 🦬

Ethereum (ETH) Technical Price Analysis | Source: TradingView

As ETH approacheth the resistance at $3,108, the momentum indicators doth smile. MACD hath crossed into positive territory, and Woodies CCI hath reclaimed the zero line, a sign of improved liquidity and market sentiment. 🌊

Should ETH close above $3,150-$3,200, a full bullish breakout shall be confirmed, projecting a move to $4,500-$4,600-a 53% advance! But beware, should ETH falter and lose $2,880, the bullish dream may turn to dust, forcing a retest of $2,744. 🌪️

Thus, the stage is set, the players are in motion, and the market, ever fickle, awaits its next act. Will Ethereum soar to glory, or shall it stumble? Only time, dear reader, shall tell. 🎭

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2025-11-28 23:39