🎯📌• ETH trading at $4,634.46, approaching 2021's ATH of $4,891.70 after surging past $4,700 on August 13
• Market cap stands at $559.5B with impressive $76.33B daily volume
• Net outflow of 182,400 ETH from exchanges signals accumulation trend
Bullish Catalysts
• Fundstrat analysts project $12K-$15K by end of 2025, positioning ETH as decade's "biggest macro trade"
• Record ETF inflows of $1B on August 13 (BlackRock contributing $640M)
• MACD strengthening with strong support established at $4,000
• Upcoming Pectra upgrade promises enhanced scalability
Risk Factors
• Major whale increased short position to 60,000 ETH
• RSI approaching overbought territory suggests potential short-term pullback
• Recent security concerns from exchange thefts
• $322M in ETH liquidations show market vulnerability
Trading Strategy
• Watch $4,700 as immediate support and $4,891 as critical resistance
• 64-87% probability of reaching $5K by month-end according to options data
• Balance accumulation strategy with risk management
• Monitor institutional flows and whale activity for directional cues
