Combining spot ETF cash flow of $2–5B, proposed staking from BlackRock, and whale/corporate treasury accumulation, Ethereum is entering a strong breakout bullish phase.
---
1. Quick update today
$ETH Current price: $3,505 (+3.5% from yesterday)
Daily range: $3,322–$3,516
24h Volume: ~$46B, growth rate driven by ETF inflow & treasury buying
Market Cap: ~ $420B
Sentiment: Very positive – ETFs continuously attract capital, influx from businesses, preparing to open staking spot
---
2. News & price momentum
🔹 Short‑term Catalysts
Spot-ETH ETF attracts $727M inflow/day, $2B since the beginning of July
Ethereum financial bonds: SharpLink, Bitmine, GameSquare are making large purchases (~500K ETH ~ $1.6B in July)
🔸 Long‑term Narratives
BlackRock & large funds seek to add staking to ETFs, aiming for a yield of 4–6% for investors
The GENIUS & CLARITY Act bill promotes stablecoin & token regulation—enhancing transparency and legal structure
---
3. Technical analysis & scenarios
Chart: Breakout from $3,300–3,400; setting up ascending triangle/‘cup-and-handle’
RSI: ~66.5 → strong, not overbought
MACD: Positive (MACD line > Signal), EMAs are all pointing up: MA5,10,20,50,100,200 are all buy
Volume & OI: Confirmed by ETF cash flow & treasury accumulation
Support – Resistance:
Strong support: $3,300–3,400
Resistance: $3,500 → move up to $3,800 → $4,500 if volume continues to flow in
Scenario:
🟢 Bullish: hold above $3,400 → up to $3,800–4,500
🔻 Bearish: slight pullback near $3,300; breakdown → retest $3,000
---
4. Investment strategy
Trader (Short‑term):
Buy at $3,400–3,450;
SL < $3,300; TP $3,800 → $4,000
Holder (Mid‑Long‑term):
Accumulate at $3,200–3,400;
Invalid below $3,200;
Target $4,500–6,000 if ETF staking + corporate stacking continue to develop
⚠️ Not investment advice. DYOR & manage capital.
> “ETH is not just a DeFi platform — it is transforming into a yield-generating business asset.”
