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Ethereum Triangle Pattern Suggests $3,000 Price Surge Amid ETF Capital Inflows

Guavy AI Editorial Team
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ETH
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Ethereum has been making waves in the market, with technical analyst Ali Charts identifying a triangle pattern on its 12-hour chart that historically precedes a significant price increase.

The last time this pattern emerged, Ethereum's price surged 31% within just three days. If history repeats itself, ETH could reach $3,000.

Meanwhile, the spot Ethereum ETFs have attracted substantial capital inflows, with BlackRock's ETHA accounting for $148.82 million of the total $216.41 million in new investments on September 11.

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