📈 Ethereum (ETH) — Quick Take
Price: ~$3,603 on average, within a daily range of ~$3,320–$3,603
Recent Trend: Surged ~6%+ in 24 hrs, fueled by strong ETF inflows—July saw over $2 billion, including a single-day high of $727 million
Chart Highlights:
Approaching resistance zone around $3,600–$3,700 (Fibonacci and previous highs)
Holding above support between $3,300–$3,400
Technical Setup:
Pattern shows possible bull flag / ascending channel — may break upward if resistance holds
RSI & momentum remain bullish, yet nearing overbought zones
Outlook:
Bullish case: Clear break above $3,600‑$3,700 could lead to $3,900–$4,200
Watchpoint: A drop below $3,300 may trigger a pullback toward $3,200
📌 Key Levels to Watch
Level Significance
$3,600–3,700 Major resistance—breakout target zone
$3,300–3,400 Critical support—holds current momentum
$3,900–4,200 Upside potential if breakout confirms