đ Price Action & Sentiment
Ethereum is trading around $4,289 (-3.27% in 24h), slipping below the $4,300 support as the broader market cools off. Despite this dip, ETH is still up +4.5% weekly, showing hidden strength.$DOGE $HOT
đ Whales & Big Money Moves
Massive 130K+ ETH ($470M+) scooped up by whales/institutions đŠ
Spot ETF inflows hit $2.85B last week â bullish adoption signal đ
đ Technical Outlook
đ Support: $4,245 (key floor). Losing this could drag ETH toward $3,845â$3,800.
đ§ Resistance: $4,793â$4,900 (ATH zone). A breakout here unlocks $5K+ rally.
đ RSI: 66.8 â nearing overbought, signaling a possible cooldown before another push.
âïž Catalysts vs. Risks
â Bullish Drivers:
Layer-2 growth (Arbitrum, Optimism) supercharging ETH utility âĄ
Fed rate cut odds (84.6% Sept) could boost risk assets đ”
â ïž Risks:
Profit-taking by traders đ
Regulatory clouds hanging over crypto âïž
đ Short-Term Outlook
ETH faces heavy resistance near $4,900, but as long as it holds $4,245, bulls eye a potential run toward $5,500 later this month. Losing support risks a fall to $3,355â$3,800.
đ Key Levels to Watch
Level Price ($) Significance đ§
Resistance 4,793â4,900 ATH zone đ„ breakout target
Support 1 4,245 Bullish rebound floor đĄïž
Support 2 3,845 Breakdown danger â ïž
Q4 Target 15,000 Institutional forecast đ
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