ETH news update: Bulls target $3.4K, citing ETF flows and treasury buying as the fuel

Key Points

1. ETH price target set at $3,400 due to ETF inflows and corporate treasury purchases.

2. Over $1 billion in inflows into Ether ETFs since July 9, with more than 545,000 ETH purchased in the past 30 days.

3. Key support levels identified at $2,879 and $2,738; resistance at $3,083.

4. Potential price surge to $3,153 and $3,400 if resistance is broken.

5. Break below the 20-day EMA ($2,734) could indicate rejection of the breakout above $2,879.