📊 Technical Analysis
● ETHUSD broke above the long-term resistance at ~$4,027, confirming a bullish continuation from the rising purple trend channel.
● Price retested that breakout as support and is setting up for a measured move toward the key $4,926 supply zone, with on‑chart channel geometry and breakout structure supporting further upside.
💡 Fundamental Analysis
● Spot Ethereum ETFs surged with record trading volume of $2.725 B on August 11, signaling strong institutional and retail demand.
● Derivatives market is deepening—Ethereum futures open interest exceeded $30 B, while CME futures hit a record $7.85 B—as institutional flows fuel momentum.
● Corporate treasury adoption jumped sharply: small public companies now hold 966,000 ETH ($3.5 B), underscoring real‑asset confidence.
✨ Summary
Buy above $4,027; target $4,926. Setup remains valid while holding above $4,000.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● ETHUSD broke above the long-term resistance at ~$4,027, confirming a bullish continuation from the rising purple trend channel.
● Price retested that breakout as support and is setting up for a measured move toward the key $4,926 supply zone, with on‑chart channel geometry and breakout structure supporting further upside.
💡 Fundamental Analysis
● Spot Ethereum ETFs surged with record trading volume of $2.725 B on August 11, signaling strong institutional and retail demand.
● Derivatives market is deepening—Ethereum futures open interest exceeded $30 B, while CME futures hit a record $7.85 B—as institutional flows fuel momentum.
● Corporate treasury adoption jumped sharply: small public companies now hold 966,000 ETH ($3.5 B), underscoring real‑asset confidence.
✨ Summary
Buy above $4,027; target $4,926. Setup remains valid while holding above $4,000.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Crypto signals in telegram
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.