Market Breakthrough
• ETH currently trading at $4,016.99 after rebounding from $3,450 lows on August 5
• Massive $4.1 billion in net ETF inflows over 10 days, including record $533M single-day high.
• ETH market share increased above 11.8% while Bitcoin dominance slightly declined.
• Overall market sentiment strongly bullish (88.4%) despite Altcoin Season Index at only 37 Institutional Drivers.
• ETFs collected $1.85 billion during July 21-25 with continued $17M inflow on August 1.
• Corporate treasury adoptions announced by firms like SharpLink and Fundamental Global.
• Three major crypto bills passed, creating positive regulatory environment for DeFi.
• Strong technical foundation with price holding above key EMAs (EMA20: $3,749, EMA50: $3,686) Trading Strategy.
• The $4,000 level now serves as critical psychological support after breakthrough.
• MACD shows bullish signals (76% accuracy) while RSI at 64.7% suggests caution.
• Long-short ratio of 43.04 indicates institutional bullishness despite mixed derivatives signals.
• Consider buying dips above $4,000 support while scaling positions with ETF inflow momentum.
• Monitor Altcoin Season Index for potential market broadening beyond ETH/BTC Community Perspective.
• Community discussions show mixed views on sustainability of $4,000+ prices.
• ETF inflows viewed as primary bullish catalyst against cautionary derivative indicators.
• Institutional buying provides strong foundational support despite short-term volatility concerns.
• Potential profit-taking risk if derivatives fail to confirm uptrend momentum.
