🚀 #Ethereum ’s Growth Drivers Unlocked
TLDR: ETH +0.55% in 24h → $4,475.88. Up 5.28% in 7 days, +24.52% in 30 days. Three key factors fuel the rally:
1⃣ Technical setup —
$ETH holds above critical Fibonacci zone at $4,450.93.
2⃣ ETF inflows — record $726.6M into spot ETH ETFs (July 16).
3⃣ Regulatory shift — Fed ends crypto oversight program → banks can integrate ETH more easily.
📊 Details:
— ETH above 7SMA ($4,463) and 30SMA ($ 3,900), MACD & RSI confirm bullish trend.
— BlackRock’s ETHA saw $520M in a single day → institutions building structural demand.
— Banks (JPMorgan, HSBC) now enjoy more freedom for custody and tokenization.
🎯 Key levels:
— Support: $4,450
— Target: $4,788.55 → then $5,000
$ETH is powered by a triple impulse — technicals, institutional inflows, and regulatory relief. Watch $4,450 support and ETF inflow dynamics.
source: https://bazarbroker.com
$WIF $PEPE #CryptoIntegration #MarketTurbulence #HotJulyPPI #REVABinanceTGE
