$ETH Market Update: Leading the Bull Run! 🚀

ETH trading strong at $4,613.93, up 7.54% after bouncing off $4,200 support đŸ’„đŸ›Ąïž

Testing key resistance near $4,647.70, with breakout targets $5,500–$6,000 ahead đŸŽŻđŸ”„

Standard Chartered lifts year-end target to $7,500 📈💎

Crushed Changelly’s Aug 22 forecast of $4,441.63! 🚀đŸ’Ș

Bullish Moves 💰

$290M flowed into ETH ETFs + BitMine’s $20B acquisition plan boosting confidence đŸ‹đŸ’Œ

Whale action pumping $334M into ETH positions 🐳💾

Tether minted 1B $USDT on Ethereum, fueling liquidity đŸ”„đŸŒŠ

Liquity Protocol V2 launch upgrades DeFi functionality đŸ”§âšĄïž

Bearish Signals ⚠

BlackRock’s $254M ETH sale sparks some jitters 🏩😬

MACD shows negative momentum despite price gains 📉📊

RSI in overbought zone—beware of a short-term pullback âš ïžđŸ”„

$83M long liquidations show market vulnerability âšĄïžđŸ’”

Trading Tips 📌

Watch resistance at $4,650-$4,700, support holds at $4,200 đŸ›Ąïž

Breakdown risks target $4,100 if support fails 😟

Long/short ratio at 67.61, bullish bias prevails đŸ‘đŸ’„

Consider scaled entries near support with stops under $4,200 🛑

Keep an eye on ETF flows & whale moves for trend confirmation 👀🐋

$ETH is firing on all cylinders—but stay sharp! âšĄïžđŸ”„

#Ethereum 🚀 #ETHPower đŸ’„ #DeFiRevolution 🌐 #CryptoBullRun đŸ”„