šŸ“Œ Key Drivers Behind the Push #ETH4500Next?

1. Institutional Buying

• Spot $ETH ETFs are pulling in hundreds of millions in inflows (over $700M in July).

• This is creating sustained buying pressure.

2. Whale Accumulation

• Large holders added ~$667M in $ETH recently.

• Exchange reserves are dropping, meaning less selling pressure.

3. Regulatory Tailwinds

• Positive U.S. policy shifts (e.g., 401(k) crypto inclusion) are boosting investor sentiment.

4. Technical Strength

• ETH broke above $4,200 with strong volume.

• Next big resistance = $4,500.

• Above $4,500, targets extend to $4,800–$5,000 (near ATH).

āø»

āš ļø Risks & Cautions

• Overbought signals: RSI is high → short-term pullback possible.

• Bearish divergences: Some charts hint at slowing momentum.

• Profit-taking zone: $4,500 is a historical sell area for many traders.