Something is brewing Guys. 👀

Market Status

ETH trading at $2,437.91 (+0.17%) with golden cross forming on daily/12-hour charts

• Technical pattern confirmation shows MACD alignment

• Key resistance: $2,600-2,800; immediate target: $3,000

Key Catalysts

• Institutional momentum: BlackRock (+$98M), ETFs (+$21M total)

• Whale activity: 871K ETH daily inflow, holdings exceed 14M tokens

• Recovery signals strengthened by candlestick patterns

• Technical factors: Network upgrades improving scalability

Trading Implications

• Long/Short ratios heavily bullish: Currency Standard (22.46), USDT (1.14)

• Volume crucial for $4,000 breakout targeting $6,000-8,000

• Critical support at $2,390

• Historical analysis supports potential $10,000 target

• Community sentiment: 77.8% bullish vs 22.2% bearish

Monitor volume confirmation while maintaining prudent stop-losses to capitalize on this technical setup.