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ETHEREUM: What stands between ETH and 3 thousand dollars? – Data indicates … star-news.press/wp

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  • ETH has risen beyond $ 2800 amid the increase in institutional interest, low resistance, and strong liquidity, indicating the possibility of the upward trend about 3000 dollars, although caution against increasing the stock market reserves.

ETHEREUM (ETH) has recently exceeded the brand of $ 2800 for the first time in weeks, and has gained more than 7 % in the past 24 hours.

The restoration of this level indicates that more investors have become active in the market, which increases the possibility of more price movement to the upward trend.

At the time of this report, ETH recorded a significant increase in market liquidity. With no large resistance levels directly forward, the original can rise to a new height of $ 3000.

Increase liquidity on CME is concerned

according to GlassThere was an increase in open interest (OI) in the Chicago Commercial Exchange (CME), measured by a simple 7 -day moving average (SMA).

OI recently rose to $ 3.27 billion, which represents its highest level since February 2, 2025. This increase strongly indicates an increased flow of institutional capital in the market.

Eth cme open attention.

Source: Glassnode

Ampcrypto has also analyzed the money traded at ETH Spot (ETF) on Coinglass To determine whether these investors have allocated more money for the original.

Interestingly, institutional merchants were already active. Last day alone, they accumulated $ 211 million from the market.

This represents the largest purchase of one day since the sixth of June, when more than $ 240 million has been spent on ETH, providing continuous gathering.

A clear path in front of ETH?

By increasing bullish pressure – especially from institutional players – AEBCRYPTO analysis indicates that ETH does not face slim resistance forward.

According to IOMAP, there are only two levels of resistance visually, with the sale volume at 3.44 million and 3.42 million ETH.

IOMAP graph. IOMAP graph.

Source: IntTHEBLOCK

These resistance sizes are relatively low, and as shown in the IOMAP chart, it decreases between $ 322.13 and $ 4,816.30.

This minimum sale pressure indicates that ETH can continue to bullish gathering with limited corrections, especially if liquidity continues to height.

The retail investors also seem to keep ETH instead of sending it to the stock exchanges, according to Cryptoquant.

The number of deposits on the central stock exchanges decreased to 23,000 and continues in the lower direction.

Eth exchange addresses. Eth exchange addresses.

Source: Cryptoquant

This behavior includes sending fewer funds to stock exchanges, unlike, as investors choose self -need, a historically upscale signal.

Exchange reserves rise – Should investors care?

Not all market indicators are currently rising. One field indicates caution is Mitri reserve exchangeAnd it rises despite the broader upward trend.

Over the past day, the total amount of ETH on the central stock exchanges rose to 18.9 million.

ETH Exchange reserves. ETH Exchange reserves.

Source: Cryptoquant

The continuous rise in the exchange balances can indicate the inventive demand pressure, a position in which the supply exceeds the demand, which may lead to low prices.

However, with no deposit headlines continued, it appears that the risk of pressure on the minimum at the present time.

At the present time, the increase in purchase activity – especially from institutional investors – raises a great power in maintaining the escalating eth path and suppressing the effect of growing reserves.

Next: Evaluating the current market dynamics of Bitcoin – low flows, high financial lever, and …

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2025-07-11 04:00:00

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