📰 Ethereum ETF Catalyst Ignites DeFi Growth & ETH Breakout

Immediate Focus

Ethereum has taken center stage with the first U.S. spot ETH ETF attracting $310M in initial inflows, triggering a rebound from $3,700 to $3,830 in a single day.

Macro & DeFi Momentum

TVL Surge: DeFi total locked on Ethereum jumped 7.4% last 24 hours, now at $87B, led by Lido, Aave, and Rocket Pool.

Staking Spike: Net ETH staking increased by 3.8%, pushing staked supply above 39% of circulating ETH.

Supply Compression: Exchange ETH reserves declined by 2.2%, confirmed by Glassnode and internal API feeds.

Technical Overview

ETH broke out above a bullish wedge on the daily chart, with RSI at 62 and MACD confirming a positive cross. Trading volume surged 65% above the weekly average. Fibonacci retracement places the next resistance target near $3,935 and a stretch goal of $4,000 if sentiment holds.

Quant & Social Insights

On-chain whale transfers (>5k ETH) rose 3.7% in last 12 hours.

Social sentiment around “Ethereum ETF” terms spiked by 24% on LunarCrush, reinforcing breadth of interest.

Day-by-Day Forecast (Next 5 Days):

DayAction ZoneExpectationDay 1$3,815 – $3,830Consolidation post-reboundDay 2$3,870 – $3,900Test of resistance zoneDay 3Pullback to $3,840Support base testDay 4Breakout above $3,935Momentum builds toward $4KDay 5Explore $3,980 – $4,000Volume peak, target range

Trading Strategy

Traders should consider grid or breakout entries with stop loss below $3,800, while swing setups targeting $4,000+ remain viable if volume and inflows persist.

#Ethereum #ETHETFLaunch #DeFiSurge #OnChainMetrics #CryptoMomentum