Update on #Ethereum #CryptoInsider #crypto
Price & Volume: Ethereum ($ETH) trades at ~$3,692–$3,889 with a 24-hour volume of ~$40.94B.
Sentiment: Bullish (Fear & Greed Index: 62), but down 3.89% over the past week.
Technical Indicators: Uptrend from $1,800, near 20-EMA ($3,562) and 200-EMA ($3,565), with bullish MACD and neutral RSI (57.25).
Key Levels: Support at $3,400, $3,512, $3,250; resistance at $3,961, $4,000, $4,100.
Market Activity: Consolidating below $4,000, supported by $2.12B ETF inflows, but faces resistance.
Outlook: Break above $3,620 could target $3,800–$3,900; failure to hold $3,512 may lead to $3,250. Pectra upgrade and ETFs are key drivers.