Ethereum ($ETH) is showing strong bullish momentum, currently trading around $3,785, with a steady climb from intraday lows near $3,542.
On-chain and institutional trends are painting a promising picture:
• Over $1.4 billion in betting from whale wallets this week amid $900M+ in weekly spot ETF inflows.
• Major wallets, including institutional addresses, have pulled in 206K–300K ETH (~$745M–$1B) over the past week.
• Technical setup remains bullish — ETH buoyed above its 20/50/200-day EMAs, nearing key resistance in the $3,700–$4,000 range.
📌 Levels to Watch:
• Support: ~$3,500–$3,600 — solidified after recent breakouts.
• Resistance: ~$3,980–$4,000 — a breakout above could spark a rally toward $4,200+.
With whale accumulation and ETF inflows powering momentum, $ETH’s next test at the $4,000 mark could mark the start of a sustained bull run—especially if it reclaims that level convincingly. Keep an eye on those whale buys and ETF activity for the next move.
