๐จ *ETHUSDT Analysis* โ Bullish Setup Unfolding
*Current Price:* 2,924.89
*Summary:* Ethereum is showing strong *bullish momentum* as it grinds higher, riding both ETF inflows and macro tailwinds. If momentum holds, ETH could be on track toward *4,000 and 6,000 targets*. Letโs break it down ๐
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๐ฏ Price Predictions Table:
| Level | Price | Reason/Zone |
|โโโ|โโโโ|โโโโโโโโโโโโโโโ-|
| TP1 |3,300 | Minor resistance + psychological level |
| TP2 | 4,000 | Key macro resistance + previous cycle top |
| TP3 |6,000 | All-time high extension, post-ETF hype zone |
| SL | 2,620 | Support zone, below market structure |
โ
๐ Analysis:
๐น *Trend Structure*
- ETH broke out of a *descending wedge* in early 2024 and is forming higher lows ๐ผ
- Price reclaimed and held the *2,700โ2,800 flip zone*
- Weekly closes are firming up above key moving averages
๐น *Momentum*
- *RSI near 60* โ uptrend with room before overbought
- *MACD trending positive*, showing early-stage strength
- Strong inflows into *Spot ETH ETFs* ($900M+ last week) are a big catalyst ๐
๐น *Macro Factors*
- *Rate cuts possible by Q3* โ bullish for risk assets
- *Crypto adoption cycle heating up* + *ETH staking expanding*
- New ETH-based products (ETFs, L2s) driving demand
โ
๐ Strategy:
- Entry: Accumulate dips between2,800โ2,950
- TP1: 3,300
- TP2:4,000 (consider partial profit here)
- TP3: 6,000 (if market goes parabolic)
- SL:2,620 (if breakdown occurs)
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๐ง Final Thoughts:
ETH is in the *early-to-mid stage* of its next leg up. The structure is strong, inflows are real, and macro conditions are lining up. If Bitcoin stays stable or rallies, *ETH will likely lead alts in the next explosive phase* ๐
๐ข Donโt fade ETH โ itโs still the backbone of smart contract ecosystems.
๐๏ธ Watch: BTC dominance, ETF volume, macro news.