Status (Dec 7): $ETH is at $3,132.52 after recent volatility. Institutional demand is a major driver, evidenced by record ETF inflows.
Actionable Setup:
· Bullish Signal: A sustained breakout above **$3,541** (key resistance) opens a path toward $3,876.
· Bearish Signal: Watch the **$3,475** level; failure to break it could lead to a decline toward $1,745.
· Key Support: A close below $2,375 would confirm a stronger bearish trend.
ETH
3,126.72
+2.52%