$ETH 🔥 💪 BULLISH MOMENTUM 🔥
📍 Market Snapshot
Price: ~$3,777 USDT per ETH, trading near intraday highs of $3,820–$3,880 and lows around $3,730–$3,750
Volume: Spot trading at ~$35–36 B USD; individual exchange volume around $2.35B USDT
Context: ETH price has more than doubled since April, with an especially strong 40% surge in July amid institutional inflows through spot ETFs
🔍 Indicators
RSI (Daily): ~58–60 — giving room before overbought levels (70+)
MACD / Moving Averages: Bullish momentum intact with positive crossovers and rising MAs on 1H/4H
Volume: Supported by record-setting ETF inflows and strong on-chain accumulation from major holders like SharpLink and BitMine
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🚀 Trading Strategy
🟢 Breakout Continuation
Entry: Above $3,820–$3,830 on sustained volume (> $2.5B spot inflow)
Targets:
Target 1: $3,880–$3,900
Target 2: $4,000–$4,050
Stop-Loss: ~$3,770
R/R Potential: ~1:2 to 1:3
🔁 Support Bounce Setup
Entry: $3,700–$3,730 with bullish reversal candles
Targets: $3,800 → $3,880
Stop-Loss: <$3,690
🔻 Rejection / Fade Trade
Entry: If strong bearish candle forms near $3,820–$3,830
Target: Retrace to $3,750–$3,700
Stop-Loss: Above $3,850
Scalping Tip: On 5–15 min charts, look for volume spikes or RSI divergences near key zones for quick 0.5–1.5% trades.
✅ Execution Tips
1. Confirm breakouts with increased volume from ETF flows or on-chain whale movements.
2. Use alerts near key zones ($3.70K, $3.82K, $3.85K) for rapid reactions.
3. Monitor order-book depth around these levels to assess support/resistance strength.
4. Position size modestly (≤1–2% capital) with tight stops.
5. Track related altcoins (e.g. SOL, BNB, ETH layer‑2s) for correlated moves.