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$ETH
**#ETH | Breaking the $3,500 resistance ignites optimism ahead of network updates**
$ETH has surpassed the $3,500 barrier (+12% monthly), supported by expectations of *SEC* approval for the *ETF* and increased institutional accumulation, according to *CoinShares*. *Glassnode* data shows a record decline in exchange inventory (13 million *ETH*), while *Arbitrum* recorded 3 million daily transactions (+50%) with the adoption of *ZK-Rollups* technology. The technical indicator *RSI* at 70 warns of overbought conditions, but support at $3,300 could determine the upward trajectory. The upcoming *Dencun* update to reduce *Layer 2* fees enhances the outlook, despite competition from *Solana* in attracting *GameFi* projects. Experts are betting on testing $4,000 with strengthened institutional partnerships, especially after *BlackRock* announced a new *ETH* fund. #إيثريوم Technical_Analysis #استثمار_ذكي#TUT Price Rise
#Crypto ETFs Under Application
#Crypto Market Bounces Up