$ETH 📰 Today's ETH Market Update 📈
🔥 Top News Headlines:
1. ETF Watch: SEC decision on Ethereum ETFs expected soon - analysts remain cautious
2. Network Activity: Daily active addresses surge 22% this week
3. L2 Growth: Arbitrum & Base hit new TVL records
4. Regulatory: Gary Gensler's latest comments create market uncertainty
5. Technical: Key resistance at $3,650 being tested
📊 Current ETH Stats:
· Price: $3,420-$3,580 range (check live)
· 24h Change: -1.8% (slight pullback)
· Market Cap: ~$410B
· Dominance: 17.2%
🎯 Key Technical Levels:
· Support: $3,350 → $3,200 → $3,000
· Resistance: $3,650 → $3,800 → $4,000
📈 Chart Analysis:
(Describe this imaginary chart to your audience)
· Daily Chart: Testing descending triangle pattern
· RSI: 48 (neutral, slightly bearish bias)
· Volume: Decreasing on pullbacks - accumulation possible
· MACD: Near zero line, potential crossover
🔄 On-chain Insights:
· Exchange outflows increasing (bullish signal)
· Whale accumulation at $3,400 support
· Gas fees stable at 15-25 gwei
🔮 Short-term Outlook:
· Range-bound between $3,350-$3,650 likely
· Break above $3,650 could trigger move to $3,800
· Below $3,350 invalidates bullish structure
#MarketRebound #ETHETFsApproved 🔥🔥🔥🔥🔥🔥 #eth $ETH
