Ethereum (ETH) – Market Update
Price: $4,032.68 ▲ +3.54%
Market Cap: ~$486B | 24h Volume: ~$45B
Price Range: $3,912.65 – $4,054.60
Trend: Bullish momentum intact, strong institutional interest
Key Levels
Resistance: $4,094 – watch for potential breakout zone
Support: $3,700 – critical level to hold
Short-term Target: Retest & hold above $4,000 for sustained upside
Highlights
📈 Institutional Inflows: Over $10B into ETH treasuries by public companies
🔄 Proof-of-Stake Transition: Reduced issuance, possible long-term deflationary pressure
🔥 EIP-1559 Impact: Fee burning supports value appreciation
📰 Market Sentiment: Risk-on mode may push altcoins like ETH higher
Outlook
If ETH breaks and holds above $4,094, next targets could be $4,200 – $4,350. Failure to hold above $3,700 may invite short-term selling.
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