📊 Technical Analysis
● Price burst through the 12-week compression roof, converting the 2 990 supply into support and printing the strongest close since March.
● The pull-back just retested both the purple trend-fan and the 2 960 flip zone; the active rising channel and flag depth map the next magnet at 3 410.
💡 Fundamental Analysis
● SEC’s 12 Jul request for updated spot-ETH ETF S-1s hints at imminent approval, fuelling fresh inflows.
● Glassnode reports the largest daily net-staking deposit since April, reducing exchange float and adding bid pressure.
✨ Summary
Long 2 960-3 000; holding above 2 990 targets 3 110 → 3 410. Bias void on an H4 close below 2 860.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● Price burst through the 12-week compression roof, converting the 2 990 supply into support and printing the strongest close since March.
● The pull-back just retested both the purple trend-fan and the 2 960 flip zone; the active rising channel and flag depth map the next magnet at 3 410.
💡 Fundamental Analysis
● SEC’s 12 Jul request for updated spot-ETH ETF S-1s hints at imminent approval, fuelling fresh inflows.
● Glassnode reports the largest daily net-staking deposit since April, reducing exchange float and adding bid pressure.
✨ Summary
Long 2 960-3 000; holding above 2 990 targets 3 110 → 3 410. Bias void on an H4 close below 2 860.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +10.3%
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.
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.