#ETHBreaks3k
✅ ETH/USDT Weekly Technical & Fundamental Analysis
📆 As of: July 11, 2025
🔹 Current Price: $2,988.99
📈 Change: +6.18% (24h)
📊
📉 Technical Analysis (1W Chart)
📌 Key Moving Averages:
MA(7): $2,554.83 → Short-term trend bullish
MA(25): $2,330.53 → Mid-term momentum gaining strength
MA(99): $2,655.11 → Strong support level holding above long-term average
🟢 Price Action Highlights:
Local Low: $1,385.05 (Dec 2024)
Recent High: $3,040.15 (24h)
Previous Resistance Zone: $3,045–$3,200 now being retested
Strong V-shaped recovery since early 2025
📈 Stochastic RSI: 90.72 → Overbought zone, a short-term pullback is possible
💬 Fundamental Insights
🧠 Ethereum Network & Upgrades:
ETH 2.0 final stages are boosting confidence with enhanced staking rewards and scalability.
Sharia Earn Announcement (seen in the banner) – bullish for ETH adoption among halal investors.
📰 Recent News Impacting ETH:
✅ SEC softens stance on ETH ETFs, expected approval of multiple ETH-based products in Q3 2025
✅ BlackRock & Fidelity increasing institutional exposure to Ethereum
⚠️ Minor FUD regarding ETH gas fees, but mitigated due to Layer 2 expansion
📊 Volume & Order Book Overview
🔄 24h Volume:
ETH: 1.20M
USDT: 3.54B
This indicates strong liquidity and active trading interest.
🧾 Buyers vs Sellers (Based on Chart Momentum & Depth Patterns):
🟢 Buyers Dominating: Price is holding above key MA zones; fast recovery from dips
🧠 Likely institutional buying around $2,500–$2,700 zones
🔴 Sellers likely placed near resistance at $3,045–$3,200
⚡️ ETH has gained +91% in the past 90 days, showing strong mid-term trend reversal.
📈 Conclusion: ETH Outlook
Technical Trend: Bullish with caution (overbought RSI)
Fundamentals: Strong institutional interest, network upgrades, halal crypto products
Short-Term Resistance: $3,045–$3,200
Support Levels: $2,655 (MA99), $2,330 (MA25)
Strategy: Watch for retest or breakout above $3,200 for next leg up
