🚀 $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)

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💡 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.

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#ETH #Ethereum #ETHUSDT #CryptoSignals #TradingSetup #InstitutionalFlow

$ETH