📈 Overview of Recent Performance
The price of ETH has risen more than 40% over the past month, and more than double compared to its drop in April, currently around **$3,445**.
Ethereum's spot ETF funds recorded a record inflow of $727 million in a single day, and more than $2 billion since early July, reflecting growing institutional demand.
Companies like SharpLink Gaming and BitMine Immersion Tech have started adding ETH to their treasuries, strengthening the bullish trend.
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🔧 Technical Analysis (Price Movements and Supports/Resistances)
The technical momentum degree (RSI) is at strong overbought levels, and "buy" signals are appearing on timeframes like daily and four-hour, supporting the possibility of a continued rise towards $7,000–$10,000 during this cycle.
On the daily timeframe, a "Golden Cross" (50-day moving average above 200) has been recorded, which is a strong bullish pattern that reinforces the strength of the trend.
Current value ($3,445) is near the psychological resistance at $3,500, with clear support at **$3,300–$3,400**.
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🎯 Expected Price Targets
1. Short Term (1–5 days):
If ETH maintains levels ≥ $3,400, it could reach $3,600–$3,700 soon.
2. Medium Term (Week–Month):
The continuation of the bullish trend may push the price to **$3,800–$4,000**.
3. Long Term (until the end of 2025):
Some forecasts indicate reaching $5,000–$10,000, depending on the continuation of institutional inflows and the adoption of staking in ETFs.
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🛡️ Entry Levels and Stop Loss – Best Scenarios
1. The most likely scenario – "Bullish Rebound from Support"
🔹 Entry: $3,400–$3,450
⛔ Stop Loss: $3,300
🎯 First Target: $3,600
🎯 Second Target: $3,800–$4,000
2. Scenario Two: Bullish Breakout of Resistance at $3,500
🔹 Entry: When closing above $3,520–$3,540 on a daily basis
⛔ Stop Loss: $3,420
🎯 Targets: $3,700 → $4,000
3. Scenario Three: Deeper Correction – Buying Opportunity at $3,300
🔹 Entry: $3,300
⛔ Stop Loss: $3,200
🎯 Targets: $3,500 → $3,700
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✅ Strategy Recommendation
The current market supports the continuous bullish scenario based on strong inflows and technical momentum data.
The best current entry point is at $3,400–$3,450 with a stop loss at $3,300.
If a strong daily close confirms the breakout of $3,500, the target of $4,000 becomes a strong possibility.
In the event of a correction to $3,300, the buying level is risky and maintaining a clear stop loss is essential.
