ETH

Ethereum Hits 180-Day High – Eyeing $4,100 Next?

Ethereum has surged to $3,671, marking a 152% jump since March and a record 37% gain in July, fueled by $720M spot ETH ETF inflows in a single day. Institutional giants like BlackRock, Fidelity, and Grayscale are favoring ETH over Bitcoin, signaling strong fundamentals for the next growth phase.

Technical Outlook:

ETH is in a strong upward channel, trading above all major EMAs.

RSI at 78.5 shows powerful momentum.

A breakout above $3,800 could target $4,100–$4,200, near its historical peak.

Market Trend:
ETH may lead the next altseason, with capital shifting from Bitcoin as BTC stabilizes. Breaking $4,200 could trigger a parabolic bull run.

Key Levels:

Support: $3,500

Targets: $4,100 – $4,200

Bottom Line: Ethereum stands on the verge of a major breakout – short-term pullbacks aside, the bullish momentum remains strong.

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