🚀 “Ethereum consolidates around $3,730: Is the next impulse coming?”
📉 Current price: $3,731
After rising from $3,600, ETH stabilizes in the range of $3,730–$3,780, with increasing volume and signs of technical stability.
🧩 Key factors:
1. Record inflows in ETFs of $ETH : +$727 M in a single day, over $2 B since July 4
2. Active whales: movement of 13,462 ETH (~$50 M) from Binance to private wallets, consolidating demand
3. Massive on-chain movements: over $18 B in large transactions in 24 h and more than 300,000 ETH withdrawn from exchanges in 2 weeks
📊 Technical level of the day: • Strong support: $3,600 – $3,650
• Immediate resistance: $3,820 – $3,860
➡️ If it breaks $3,860 with volume, it could scale towards $4,000 – $4,100
💡 Outlook:
ETH is in technical consolidation within a bullish channel, supported by high institutional and on-chain activity. A breakout above $3,860 could define the next big surge.
👇 Do you think Ethereum will break and accelerate towards $4,000 today?
