🔍 #Technical & #market Insights

ETH remains above its 20-, 50-, 100-, and 200‑day moving averages, signaling the long-term trend is still bullish

However, short-term momentum is cooling: indicators like RSI have dropped from overbought levels and MACD is losing strength Investing

Institutional buying continues:

large investors and recent spot ETH ETF inflows underpin persistent demand CoinGape+9Business



ETH currently trading at $3,457, pulling back after its July rally toward $4,000.

Technicals remain bullish long‑term, but short‑term indicators signal a pause—watch the $3,600 support and $4,000 resistance zones.

Institutional and #etf inflows continue to support upside momentum.

Break above $4,000 could trigger a run toward $4.4–$4.8k, while a breakdown below $3,600 might pressure #ETH $ETH

toward $3.3k.