Ether’s Rally May Continue Amid ETF Inflows and Fed Uncertainty, $10K Target Seen as Ambitious

Key Points

1. Ether's price surge to $3,600 is fueled by unprecedented inflows into US spot Ether ETFs, with a single-day record of $727 million.

2. Federal Reserve uncertainty and institutional demand create a supportive environment for Ether's sustained growth.

3. ETF inflows act as a supply constraint by locking away Ether from trading, tightening the supply-demand balance.

4. A $10,000 Ether price target would require a 190% increase in five months, a feat only seen in exceptional market conditions like the 2017 ICO boom.

5. Key drivers for Ether's potential growth include sustained ETF inflows, investor sentiment, and broader adoption of Ethereum's technology stack.