📊 ETH Market Snapshot (15min Chart)
Ethereum ($ETH) is showing a solid rebound, trading near $3,645 and testing the long-term downtrend resistance.
🔍 Technical Overview:
Short-term (orange) and mid-term (purple) moving averages are forming a bullish crossover, indicating momentum is building
Price is challenging the 200 MA; a confirmed breakout could open the way to further upside
Volume is gradually increasing, suggesting growing buying interest
📈 Market Sentiment:
Derivatives open interest is rising, with short positions being unwound
Risk appetite is returning as stablecoin inflows increase
ETH/BTC ratio is climbing, signaling capital rotation into major assets
🔗 On-Chain Activity:
Active addresses have increased for 3 consecutive days
Exchange outflows > inflows, showing stronger HODL sentiment
L2 activity and gas fees are trending up slightly, indicating renewed ecosystem use
🎯 Investment Outlook:
If ETH breaks above $3,650 with volume, target zones are $3,720–$3,760
Key support: $3,580 / $3,520 (potential dip-buy levels)
Short-term: Consider staggered entries with tight stop-losses
Mid-term: Hold positions, monitor macroeconomic trends (e.g., Fed policy)
🛑 Risk Note: Watch for fake breakouts — confirmation with strong volume is essential before chasing
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