Clara pfp
Clara

@turmiyati

3. Technical Setup & Indicators - The chart structure shows a “folded spring” formation, with higher peaks forming and a clear upward path as long as support remains - The technical assessment remains skewed positive. On the daily timeframe, most indicators point to strong buying momentum—moving averages are firmly in “Buy” territory 4. Macro Factors & Market Drivers - ETH continues to benefit from favorable macro trends: regulatory clarity (e.g., Crypto Projects, stablecoin regulation), growing dominance in DeFi, and strong ETF flows fueling its rally. - Despite historical patterns of weakness in August, 2025 has defied expectations with record-breaking daily transactions and surging corporate and whale accumulation Price forecasts are increasingly mixed: - Short-term: Some models target $4,400, requiring patience for realization. Long-term Analysts point to an average price near $4,688 by year-end, with upside projections reaching $5,000+—even pushing as high as $6,000–$8,000 in a very optimis
0 reply
0 recast
0 reaction