📊 The $ETH $3,600 Wall is Where Millionaires Are Made (or Broken) 📉
Look at the chart! We just clawed back from a brutal drop near $3,057, but the $3,600-$3,700 range is a heavy resistance zone. Why the fight? Institutional money (like BitMine) is quietly accumulating, betting on a year-end rally to $7,700+. Meanwhile, short-term traders are loading up shorts, believing the rally is over. This is a classic supply/demand squeeze forming. If $ETH breaks and holds $3,700 on a daily close, the path to $4K opens fast. If we reject here, a re-test of $3,300 is imminent.
Quick Poll: Do you think the institutional ETH accumulation will be enough to smash $3,700 this week?
👍 Yes, Full Send! | 👎 No, Needs More Consolidation!
ETH
2,816.62
-2.88%