🚨 ETH on the Edge: DeFi Summer or Short-Term Dip?
Bitunix analysts have sounded the alarm — with U.S. tariffs heating up and the GENIUS Act reshaping the crypto landscape, Ethereum (ETH) could face a short-term correction toward the 3450–3330 support zone.
But don't count ETH out just yet.
📊 On the macro chart, ETH is ranging between 3570–3690, brushing against high-density liquidation zones — a volatile battleground.
🔥 Here’s the twist: The GENIUS Act, which bans yield-based stablecoins, may become a catalyst for a DeFi boom — and ETH, as the backbone of DeFi, is poised to ride that wave.
🐋 Whales are already positioning — a recent 19,500 ETH accumulation signals strong confidence.
⚠️ My Take:
• Short-term: Stay cautious, don’t FOMO. Look for opportunities around 3200 dips.
• Mid-term: A breakout above 3600 looks likely, especially with ETF inflows gaining momentum.
📈 This isn’t just market noise — it could be the start of DeFi Summer 2.0.
#ETH #DeFi #GENIUSAct #CryptoStrategy #BinanceAlpha #WhaleWatching