๐จ Ethereum (ETH) Price Update & Trade Insight ๐จ
๐ Current Price: ~$3,494
๐ 24h Range: $3,371 โ $3,510
๐ฐ Market Cap: ~$421B
๐ 24h Volume: ~$23B
๐ช Supply: 120.7M ETH (fixed post-merge)
๐ What's Happening with ETH?
Ethereum continues to show strength, holding firm above the $3,435 support zone after recovering from recent lows. The bullish momentum is building, and ETH is eyeing a breakout above the $3,550 resistance range.
๐ข Support Levels:
$3,435โ$3,460 โ EMA + Trendline support
$3,370 โ Recent swing low
๐ด Resistance Levels:
$3,550 โ Key breakout trigger
$3,700 โ Near-term target
$4,000 โ Psychological milestone
๐ฎ ETH Outlook
Institutional interest and increased on-chain activity continue to support Ethereumโs uptrend. Whales are accumulating, and analysts expect the next major move toward $3,960โ$4,000, with further extension possible if macro sentiment improves.
๐ Short-Term Prediction:
If ETH breaks $3,550 with volume โ targets: $3,700 โ $3,960
If ETH fails and breaks below $3,435 โ pullback risk: $3,300
๐ง Trade Idea
Bullish Setup:
โ
Entry: Above $3,550
๐ฏ Target: $3,700 โ $3,960
โ Stop-loss: Below $3,435
Caution Setup:
โ ๏ธ Entry: Below $3,435
๐ฏ Target: $3,300
โ Stop-loss: Above $3,500
๐ Summary:
Ethereum remains strong on both fundamentals and charts. As long as it holds $3,435, bulls remain in control. A breakout above $3,550 could launch ETH toward $4K in the short term.
๐ฃ Whatโs your strategy โ are you buying, waiting, or trading the breakout?