🚀 $ETH / USDT – Ethereum Update
Current Price: $2,635.56 (+3.35%)
📈 Price & Positioning:
• Trading around $2,625 (~2% off recent intraday highs)
• Consolidation zone: $2,520 – $2,560
• Structure: Long-term compression inside a macro triangle
– Support: $2,478
– Resistance: $2,560 – $2,647
🧠 Bullish Fundamentals:
• Whale Accumulation: Mega-whales added ~1.49M ETH in the last 30 days → holding 9.3% more supply than pre-2022 rally
• ETF Inflows: Spot ETH ETFs saw $194M+ inflows, boosting U.S. institutional exposure and reducing exchange balances to multi-year lows (~18M ETH)
---
💡 Trade Strategy Overview:
Setup Trigger Targets Stop-Loss
Dip Buy $2,520–$2,530 support $2,600 → $2,700 < $2,480
Breakout Long Close above $2,560 with volume $2,700 → $2,800 – $2,900+ Retest ~$2,560
➡️ DYOR.
✅ Please Follow, Like, and Share for more updates and insights.
#ETH #Ethereum #ETHUSDT #CryptoSignals #TradingSetup #InstitutionalFlow