#BTC120kVs125kToday Ethereum is preparing to break above $3,300 — and the technical fundamentals are aligned to support this move.
🔍 Updated technical analysis:
- Current price: ~$3,046, with confirmed bullish structure after breaking the supply zone between $2,970–$3,000
- Strong volume: Open interest in futures up 5.54%, and options volume increased by 53%
- Technical indicators:
- RSI at 65.1, with bullish bias and no overbought signal
- MACD with positive crossover and expanding histogram
- Bollinger Bands showing a renewed volatility cycle, with price above the upper band
📊 Fundamentals supporting the projection:
- Ethereum ETF with a record weekly inflow of $907.99 million
#USCryptoWeek #StrategyBTCPurchase
- Growing institutional adoption, with BlackRock accumulating over 2 million ETH
- Layer 2 (L2) expansion: Arbitrum, Optimism, and Base surpassing mainnet transactions
- Development of Danksharding and EIP-4844, which promise to reduce fees and increase scalability
#ETHBreaks3k #MemecoinSentiment
🎯 Projected technical targets:
| Level | Justification |
|------|----------------|
| $3,260 | Low liquidity zone, favoring price acceleration |
| $3,300 | Historical resistance and short-term target |
| $3,524 | Fibonacci extension 0.786, next target after breakout |
🧠 Summary: With market structure turning bullish, solid fundamentals, and accelerated institutional inflows, ETH is technically ready to seek $3,300 — and possibly more. Confirmation will come with a weekly close above $3,061 and sustained high volume.
