$ETH $ETH Here’s a sharp analysis of **Ethereum’s (ETH) current situation** and near-term outlook:
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### **Ethereum (ETH) Price & Market Snapshot**
- **Current Price:** ~$3,400 (as of July 2024)
- **Key Support:** $3,200 (critical), $3,000 (strong)
- **Key Resistance:** $3,600 (breakout target), then $4,000
- **Market Cap:** ~$408B (#2 rank)
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### **5 Factors Driving ETH Right Now**
1. **ETF Anticipation**
- **Spot Ethereum ETFs** (approved in May 2024) are awaiting final SEC sign-
