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🟣 ETHEREUM (ETH) – SHORT ANALYSIS ON 18/07/2025
💰 Current price: ~$3,705 (+4.2%)
📈 Trend: Strong increase, approaching the mark of $3,720
🧠 Cause:
The wave of investment from ETFs increased by over $7.5 billion in just 12 days.
Market-wide increase in Crypto
The US approves a legal framework for stablecoins → increases transactions on the Ethereum network
🛠 Technical:
RSI is in the overbought zone → It may adjust
Strong support: $3,300 – $3,170
🎯 Suggested strategy:
Hold on if you got in early
Wait for the adjustment to ~$3,300 to buy in
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👉 ETH is in a breakout phase, but be cautious of short-term corrections. Don't FOMO – enter smartly!
#ETH Breaks $3600#