🚀 $ETH / USDT – Charging Past $3,000 Toward New Milestones

Current Price: ~$3,033.52 — up ~2.4% intraday

24h Range: $2,947 – $3,052

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📊 1. Technical Overview

Support Levels:

$3,000 – psychological floor

$2,900 – neckline + 50-day EMA

$2,820 – strong base from prior consolidation

**Resistance Levels / Targets:**

Short-term: $3,140 – $3,141

Mid-term: $3,200 – $3,500 (triangle breakout + ETF flow momentum)

Bull case target: $4,000+ if $3,500 is cleared with conviction

Technical Patterns:

A bullish inverse head & shoulders and symmetrical triangle structure have triggered recent rallies

EMA crossover (“golden cross”) in progress; MACD and RSI (~60–70) suggest bullish momentum without overheating

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🌍 2. Institutional & On‑Chain Drivers

ETF Inflows:

U.S. spot ETH ETFs recorded $703M in inflows this week, including record BlackRock daily purchases; weekly inflows hit ~$908M

**Open Interest & Derivatives:**

ETH futures open interest surged to ~$21B—highest since 2022—as institutional leverage intensifies

Supply Trends:

Exchange reserves remain low, signaling reduced selling pressure and continued accumulation

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🎯 3. Timeframe Outlook – Next 30 Days

Timeframe Scenario Targets Support

1–7 days Breakout / retest cycle $3,140 → $3,200 $2,900 – $3,000

8–14 days Consolidation → ramp-up $3,200 – $3,500 $2,900

15–30 days Momentum rally or pause Bull case → $4,000+, base → $3,200–3,500 $2,820 – $2,900

Maintain support above $2,900 to confirm breakout

Weekly close above $3,200 opens runway to $3,500+

Stay vigilant of macro shifts and BTC correlation

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🧠 4. Trader Strategy

Momentum Approach:

Entry: $3,000–$3,033 on dip or breakout retest

TP1: $3,140

TP2: $3,200

TP3: $3,500 (on sustained ETF momentum)

SL: Below $2,900

Swing/Positioning:

Accumulate around $2,900–3,000 zone

Scale out at each target level, trail stop on Fibonacci structure

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