$ETH

Market Momentum

• ETH is trading at $4,694.58 (+4.86%), approaching its all-time high of $4,891.70

• Market capitalization reaches $566.7B with a strong established upward trend

• Institutional holdings increased by 127.7% in July, with ETFs and corporate reserves now controlling 8% of the total supply

Institutional Catalysts

• BitMine emerges as the largest holder (1.15M ETH valued at $4.96B)

• BlackRock acquired 150,000 ETH; iShares ETH Trust manages $13.1B

• ETF inflows total $5.43B reducing the circulating supply

• The U.S. GENIUS Act provides regulatory clarity, boosting institutional confidence

Trading Outlook

• Mixed technical indicators: bullish MACD (65.4% accuracy) vs. overbought RSI (71.4% bearish accuracy)

• Key resistance at $4,900; artificial intelligence projects forecast $5,400 by September 2025

• Risks include selling pressure from whales, security breaches, and $250M in recent liquidations

• Consider increasing positions above $4,600; view dips as accumulation opportunities