#ETH Breaks $3600# Here’s the real-time snapshot for Ethereum (ETH):

🚀 What’s fueling ETH's breakout above $3,600?
Recent market momentum: ETH has surged nearly 6–9% over the past day, climbing from ~$3,400 to break and hold above $3,600—a level not seen since January .
Institutional & whale accumulation:
Two unknown “whale” wallets recently withdrew a combined ~$745 million worth of ETH from exchanges, signaling strong HODLing intent .
Major players like BitMine and SharpLink are stacking ETH on their balance sheets—BitMine alone acquired 300k ETH; SharpLink another 115k ETH .
ETF inflows & regulatory tailwinds:
U.S. spot ETH ETFs have seen record inflows—around $727M in a single day and ~$2 billion since July 4 .
Favorable crypto legislation (GENIUS Act, CLARITY Act) recently passed the House, boosting market legitimacy .
Alt-season indicators:
Bitcoin dominance has dropped to its lowest in 3 months (≈61.6%) while Ethereum outperforms, marking the early signs of an altcoin season .
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📈 What’s next for ETH?
Short‑term targets: Technical analysts see strong momentum aiming for $3,700–$4,000 . However, overbought indicators like RSI could prompt a pullback toward $3,520 or $3,500 .
Key support levels: Should it dip, expect critical support between $3,520–$3,470, followed by a mid‑range around $3,300–$3,350 .
Outlook: With the continuation of ETF inflows, corporate treasury accumulation, and favorable regulation, ETH could sustain its climb—potentially reaching $4,000+ if momentum holds .
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🧭 Summary
Ethereum breaking above $3,600 isn’t just a flash rally—it reflects a convergence of:
Factor Impact
Whale & corporate buying Reduced sell pressure, long-term confidence
ETF & institutional inflows Increased demand and credibility
Political developments Stronger regulatory backing in the U.S.
Altcoin rotation ETH leading while Bitcoin consolidates
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Curious about whether this means altcoins like Solana or XRP will follow, or want historical charts showing how often ETH surged from $3,600 to $4,000? Let me know!