Ethereum rose to $3,864.13, marking a recovery of 175% from April's lows. This increase breaks an important psychological barrier amid rising institutional engagement and positive regulatory developments. Key Factors
• Institutional Flow: Direct ETF fund inflows reached $1.85 billion last week; BlackRock added a $1.3 billion position in Ethereum
• Whale Activity: A large player acquired 30,366 Ethereum (valued at approximately $115 million); another player obtained 1.45 billion USDC for potential buying
• Technical indicators show bullish momentum with the formation of a symmetrical triangle pattern
• Regulatory Progress in the United States: The GENIUS Act establishes a clearer framework for the DeFi sector
Market Outlook
• A buy wall of $126 million at the $3,600 level provides strong support
• Asian markets lead the activity with trading volatility of 73.85% compared to 56.93% in the Americas
• Targeted ranges: $4,000 - $4,500 in the short term; $6,000 - $8,000 by Q4 2025
• Community analysis indicates a continuation pattern forming: triangle breakout
• The possibility of an altcoin season launching if momentum continues
Watch support levels at $3,700 and institutional flow patterns for trading signals.#ETHReclaims3800 #US-EUTradeAgreement #CryptoScamSurge #TrumpBitcoinEmpire #USNationalDebt $BTC