🚀 $ETH – Fresh July 2025 Update!
Ethereum is powering ahead, trading near $2,990, bouncing off a key breakout above $2,800–$3,000 resistance . 219-0On‑chain metrics — MVRV Z‑Score, SOPR, and NUPL — have turned bullish, historically preceding strong rallies . 362-0Institutional momentum remains robust: spot ETH ETFs logged record inflows (~$907 M this week), with major players like BlackRock and Fidelity accelerating capital deployments . 572-0Over 30% of ETH is staked (~35 M ETH), reducing circulating supply and strengthening fundamentals . With tech upgrades and Layer‑2 adoption enhancing usage (Arbitrum on Robinhood), the stage is set for the next leg up.
🟢 Support: $2,900 🔴 Resistance: $3,200–$3,600
Stay tuned for the ETH breakout!