Ethereum hits $3700! Whales are frantically accumulating, is the bull market horn already blown?

📊 [Real-time market update]

Current price: $3380-$3583 ($3628 highest in 24H)

Key resistance: $3550-$3600 (Breakthrough = accelerated upward signal)

Next target: $3700 → $3800-$4000 (Strong technical pressure zone)

💸 [Funding: Institutions are buying like crazy]

ETF single-day net inflow: $726.74 million (Record high!)1

✓ BlackRock ETHA alone accounted for $499 million

✓ Cumulative inflow of $2.27 billion in July, institutional funds continue to increase positions

On-chain whale movements:

✓ Addresses holding 10,000+ ETH increased by over 240,000 this month7

✓ Exchange ETH reserves decreased by 2.3%, exacerbating supply tightening9

📈 [Technical Aspect: Bull Market Structure Confirmed]

Volume and price coordination: Breaking through $3550 needs to be accompanied by increased volume (Current trading volume is healthy)

Indicator signals:

✓ RSI not overbought (68), still has room to rise5

✓ MACD golden cross, ADX trend strength rising6

Key support: $3300 (Breaking below this carries short-term retracement risk)

🔥 [Three major bull market catalysts]

1️⃣ Policy benefits: US GENIUS Act passed, stablecoin regulation clarified1

2️⃣ Institutional allocation: BlackRock, Fidelity, and other ETFs continue to attract funds, corporate ETH reserves are soaring10

3️⃣ Ecological growth: Layer2 TVL exceeds $78 billion, DeFi demand explodes4

⚠️ [Risk Warning]

Short-term overbought signals (RSI approaching 70+) may trigger profit-taking6

If it fails to stand firm at $3600, it may retrace to the $3300-$3400 support zone

If Bitcoin breaks through $120,000, it may divert funds3

💡 [Operation Strategy]

✅ Break through $3600: Add to your position with the trend, target $3800-$4000

✅ Retracement to $3300-$3400: Buy on dips, stop loss below $3200

❌ Avoid chasing highs and selling lows: Wait for confirmation signals, avoid emotional trading#币安HODLer空投C #山寨币突破 #ETH突破3600 #美国众议院通过三项加密货币法案 #币安HODLer空投ERA