Current Price: $4,291.7 📈 (+2.61% today)
🔥 Sudden Momentum: $ETH
Ethereum surprises today! 🚀 With record institutional flows of $602 million into ETF funds – surpassing Bitcoin for the first time – and trading volume rising to $82.67 billion, the currency is gearing up for a rocket launch towards unprecedented levels.
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📊 The Technical Scene in 15 Seconds:
· Vital Resistance:
· $4,320 (Today's High) → $4,366 (Weekly High) → $4,500 (Rocket Target).
· Crucial Support:
· $4,260 (Immediate Daily Low) → $4,166 (Strong Buy Zone).
· Crucial Indicators:
· RSI at 56.195 (Buying without Overbought Conditions) 📈.
· 12 Buy Signals vs. 3 Sell Signals (Bullish Dominance).
· A false breakout below $4,260 could trigger a violent upward wave ⚠️.
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🎯 Trading Recommendations (Concise):
1. Smart Entry Points:
· Buy at: $4,260 (Support Test) or break $4,320 with an hourly close above it ✅.
2. Profit Targets:
· Level 1: $4,366 (Quick Profit Taking) 💰.
· Level 2: $4,500 → $4,600 (Bullish Target with Momentum) 🚀.
3. Stop Loss: $4,240 (Capital Protection) ⛔.
💡 Today's Scenario:
ETH's success in stabilizing above $4,320 could push it to test $4,600 supported by BlackRock's flows ($546.7 million). However, breaking $4,260 reinforces a decline towards $4,166.
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❓ In conclusion:
"In your opinion: Do historical institutional flows change the game in favor of Ethereum today? Or will speculation bring it back to the support zone? Share your predictions! ⚔️"