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#Ethereum 10th Anniversary #Crypto Market Cap Tops $4T #BTC #ETH Here’s today’s Ethereum (ETH) price snapshot:
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🔥 Bullish Signal on ETH Today
✅ Institutional & Regulatory Tailwinds
Recent regulatory breakthroughs in the U.S.—such as the GENIUS Act for stablecoins and supportive frameworks under “Project Crypto”—are fueling a surge in demand for Ethereum as a host for stablecoins and tokenization platforms. This institutional interest is lifting ETH prices significantly .
Spot ETH ETFs from major firms like BlackRock and Grayscale are attracting huge inflows, tightening supply and building bullish on-chain dynamics .
🧠 Technical Setups Favor Momentum
Analysts highlight a potential cup-and-handle breakout pattern on ETH’s daily chart—a classic bullish setup that often precedes strong upward moves. A confirmed break above the $2,750 neckline could target ~$4,100 (mid-term) or even higher .
On intraday and 1-hour charts, moving averages show about 64% bullish alignment with recent MACD moments and adaptive MA crossovers signaling upward momentum .
🎯 Key Price Structure Resilience
ETH is currently holding above critical support near $3,400—a level that has formed higher lows and helped maintain the upward structure. As long as it stays above ~$3,368 (SuperTrend), the bullish trend remains intact and ready for a potential push towards $4,000 and beyond .
If it breaks above short-term resistance around $3,760–$3,800, volume-supported continuation could drive price toward $3,900–$4,200 in the next few days .
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🟩 Summary: Why This Is Bullish Today
Fundamentals are favoring ETH—institutional inflows via ETFs, stablecoin legislation, and continued DeFi expansion.
Technical indicators point upward—both chart patterns and moving average crossovers align with bullish momentum.
Structure remains firm—support levels are holding, and resistance breakouts look plausible.
🚀 Bullish Catalyst Checklist
Condition What It Signals
Hold above ~$3,368 Keeps the bullish structure alive
Break above ~$3,760–3,800 Likely leads to $3,900–4,000 or higher
Volume pickup Confirms breakout strength and trend continuation
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⚠️ Risks to Monitor
RSI & volume caution: RSI in overbought zones (~80) and recent low sell volume hint at possible short-term exhaustion. A failure to reverse quickly could lead to consolidation or correction .
Breakdown risk below $3,400–3,350 could trigger deeper pullbacks toward $3,300 or $3,175 level .
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🎯 Final Takeaway
As of August 3, 2025, Ethereum shows compelling bullish logic: strong institutional inflows, favorable regulatory dynamics, and chart-based breakout patterns. If ETH holds above $3,368–3,400 and closes above $3,760–3,800 with volume, it sets the stage for a next leg toward $3,900–$4,100+.
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