🚨 Ethereum (ETH) Market

🔸 Price: $3,445

🔸 24h Change: +2.5%

🔸 Daily Range: $3,322 – $3,475

🔸 Sentiment: Bullish Momentum

📊 ETH is trading near $3,450 after surging on record ETF inflows. U.S. spot ETH ETFs saw a **record $726M+** inflow on July 16, pushing ETH into a strong recovery phase 2.

💡 Trade Setup:

• Support zones: $3,300 / $3,400

• Resistance zones: $3,500 → next target $3,700–$4,000

• Strategy: Range trade between $3.3–$3.5k or breakout buy above $3.5k

🌍 Macro & Institutional Insights:

ETH ETFs have pulled in over $2B since July 4 and $5.5B+ overall 3

• Whale wallets accumulating: +240K ETH added in July 4

• Corporate treasuries like BitMine & SharpLink scaling ETH holdings 5

🧠 Long-Term Thesis:

Institutional entry, regulatory clarity via GENIUS & CLARITY Acts, and staking ETF potential boost make a **$4,000 ETH** target more realistic 6.

ETH
ETH
3,026.6
+4.23%

#Ethereum #ETH #CryptoUpdate #CryptoTrading