#StablecoinLaw Ethereum (ETH) is attracting renewed institutional interest, as both the accumulation by 'whales' and prominent endorsements from influential figures bolster its long-term bullish outlook. This has established strong resistance around $3,670 and support near $3,480. After the decline, Ethereum entered a consolidation phase between $3,540 and $3,600, with decreasing trading volume suggesting a slowdown in selling momentum and potential price stabilization. During the last 60-minute period ending on July 19 at 12:49 UTC, Ethereum showed renewed strength, rising from the daily low of $3,546.17 at 12:07 to $3,557.98 at 12:46.