$ETH 🚀 Ethereum Bulls Defend $3,490 as Institutional Demand Surges!
August 4, 2025 — ETH/USDT is trading at $3,489.42 (+2.52% today), reclaiming critical support after a 6.73% weekly dip . With $322K 24H volume and a $418B market cap, Ethereum shows resilience amid market turbulence, fueled by $54M whale buys in recent hours.
Why ETH Now?
Technical Setup: RSI at 54 (neutral) with key support at $3,354 (24H low). A break above $3,516 (24H high) could target $3,800.
Institutional Momentum: SharpLink’s 15,822 ETH accumulation signals strong bullish conviction.
Catalyst: RISC-V integration for faster zk-rollups may boost scalability, attracting DeFi inflows.
Trade Plan:
Buy Zone: $3,430–$3,490 (50-day SMA confluence).
Target: $3,650 → $3,940 (ATH retest).
Stop-Loss: Below $3,350 to hedge downside.
📌 Volatility Alert: Watch for liquidity grabs near $3,500!
Key Stats:
30D Performance: +34.66% | Liquidity Score: Top 5% .
Whale Watch: $54M+ buy orders stacked at $3,450.
DYOR—gas fees may spike!
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