#ETHBreakout3.5k
๐ฃ Ethereum Breakout Report
๐ July 18, 2025 | Pair: ETH/USDT
๐ช Current Price: $3,614.17
๐ 24h Move: +5.09%
๐ Range: $3,673.84 (High) / $3,361.20 (Low)
๐ก Trend: Bullish Breakout
๐ Technical Overview
โ Breakout Confirmed: ETH has cleared the key $3,400โ$3,500 resistance, unlocking further upside.
๐ Candlestick Momentum: Multiple strong green candles indicate intense buying pressure.
๐ Moving Averages:
MA(5): 857k
MA(10): 754k
โ Bullish crossover confirms short-term trend strength.
๐ Next Resistance: $3,750 (tapped intraday), then $4,000 psychological level.
๐ก๏ธ Support Levels: $3,408 and $3,065 as fallback zones.
๐ Volume & Order Book Signals
Daily Volume:
ETH: 1.17M
USDT: 4.11B
โ Strong trading activity confirms genuine demand.
Order Book Sentiment:
Buyers Dominating: Heavy accumulation between $3,400โ$3,600.
Weak Seller Activity: Low resistance above $3,600 as sell orders are getting absorbed.
๐ง Fundamental Drivers
Headline: โEthereum Sees Institutional Surgeโ
Catalysts in Play:
Rising interest from institutions (ETFs, staking products).
Growing momentum from L2 networks like Base, Optimism, zkSync.
Market eyeing EIP-4844 (Proto-Danksharding) and possible ETH ETF approval.
On-chain metrics (staking, activity, TVL) show bullish accumulation.
โ Bottom Line
Ethereum is in breakout modeโbacked by:
๐ฅ Strong technicals
๐ High trading volume
๐ฐ Bullish institutional sentiment
โ If $3,750 breaks cleanly, $ETH could make a run toward $4,000 next.