🥳 $ETH wakes up strong at $3,556: visible momentum ready to break $3,650
📈 After reaching an intraday high of $3,658, Ethereum corrects to $3,556 but shows technical strength: firm support at $3,500‑$3,520, and immediate resistance at $3,650‑$3,700.
🔍 Key points of the day:
– Record inflows: $602 M in ETFs on July 17, surpassing Bitcoin for the first time ($523 M)
– Accumulated flows in ETFs: + $2B since July 4
– Reached a 6-month high ($3,675) yesterday, continuing the web3 and stablecoins rally
📊 Key intraday levels:
- Support: $3,520
- Resistance: $3,650–$3,700
➡️ Breaking that zone could push the price towards $3,800‑$4,000, with a possible technical squeeze
🎯 Outlook: strong institutional momentum, technical validation, and macro-bullish narrative in the background. Daily control over $3,650 keeps the door open for the next bullish leg.
📍 Follow us for more content:
