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Just noticed ETH's been on a solid run lately. Price is hovering around $2,190 right now, up a couple percent this week, and it's been catching attention from traders everywhere. Earlier this week it hit $2,400 which is the highest we've seen since early February. Some analysts are calling for $2,600 or even higher, though a few think we might see a pullback first.
What's interesting is the on-chain stuff backing this move. Spot ETH ETFs have been seeing consistent inflows over the past week, which shows institutions are still interested. Plus, the amount of ETH sitting on exchanges just hit a 10-year low around 15.85 million coins. That's a bullish signal because it means fewer coins available for quick selling. The RSI also dipped to 22, which technically suggests oversold conditions and potential room to run.
Some of the more bullish crypto price forecasts are pretty wild though. One analyst thinks we could eventually see $10,000 ETH, and even Robert Kiyosaki recently suggested ETH could hit $95,000 within a year if major financial institutions face a crisis. Whether that plays out is another story, but the current momentum and these on-chain signals definitely have people watching closely.