ETH traders anticipate a retest of the $3,500 to $3,300 range before a potential breakout above $4,000. Despite a significant 57% price increase over the last month, Ether has struggled to surpass $4,000 due to persistent sell walls in that zone. Notable institutional ETH purchases have occurred, with companies like Bitmine Immersion Tech and SharpLink Gaming acquiring substantial amounts of ETH, contributing to a total net asset valuation for spot ETH ETFs exceeding $20.6 billion. However, recent performance of related stocks, such as SharpLink Gaming's SBET, has declined following prior significant rallies. Technical analysis indicates a confirmed inverse-head-and-shoulders pattern targeting $4,300; however, funding rates remain neutral, signifying cautious sentiment among traders as they approach a multi-year resistance level. Market analysts suggest that liquidity may need to stabilize before any upward movement can occur. Readers are advised to conduct their own research as all investments carry risk.

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