Ethereum is currently priced at $3,799.64, up about 0.04% from the previous trading day, with an intraday fluctuation range between $3,649.67 and $3,813.83. The technical indicators show that ETH is in an upward trend, having risen after breaking through the key resistance level of $3,730. Although the RSI has entered a slightly overbought zone, there are no significant signs of a pullback.
In terms of driving factors, a large whale has recently entered the market, accumulating hundreds of thousands of ETH, while institutional ETF inflows continue, pushing asset prices to new highs. Additionally, the activity on the Ethereum network has significantly increased, with gas limits reaching 37.3M and on-chain demand surging, further confirming the recovery trend of the DeFi and NFT ecosystems.
If there is a pullback to the $3,700–$3,750 range during the day, consider gradually buying on dips, with stop-loss for long positions set at $3,650, as there is ample support below. If the intraday high is broken upwards, one can continue to hold to target the $4,000 mark; at the same time, attention should be paid to macro factors and ETF fund flow changes to adjust positions. $ETH @盒子518