📊 Professional Analysis of Ethereum (ETH) – July 13, 2025
Ethereum has experienced a significant surge, surpassing the $3,000 USD barrier for the first time in 22 weeks. It is currently trading at approximately $2,995.81 USD, with a trading volume in the last 24 hours of $15.9 billion.
🔍 Key Driving Factors
Institutional Flows: The recent influx of exchange-traded fund (ETF) flows has provided additional momentum to the price of ETH.
Network Development: Development activity on the Ethereum network remains robust, with a continued focus on improving scalability and energy efficiency.
Emerging Narratives: The growing interest in asset tokenization and decentralized applications (dApps) has strengthened Ethereum's position as a leading platform for smart contracts.
📈 Technical Outlook
Key Support: The support level at $2,800 USD has proven resilient, providing a solid foundation for potential corrections.
Immediate Resistance: The next resistance is around $3,140 USD, a level that coincides with previous turning points on the chart.
Technical Indicators: The RSI remains in neutral territory, suggesting that there is still room for upward movements without entering overbought conditions.
🧠 Recommended Strategy
Traders and analysts are advised to maintain a cautious stance, observing consolidation above the mentioned support level. Gradual accumulation at correction levels could be a prudent strategy, especially if the continuation of institutional flows and the strengthening of Ethereum's narrative is confirmed. #ETH
