Macro calm,
$ETH momentum 👀 Markets shrugged off the latest CPI print — inflation came in exactly as expected, removing short-term pressure on risk assets. Bitcoin pushed toward $96.5K, but Ethereum quietly stole the show.
ETH broke out of a key consolidation zone and moved above ~$3,370, while on-chain data confirmed the move. Daily transactions just crossed 2M for the first time ever — a strong signal that usage is growing alongside price, not after it.
Why this matters👇
• More activity = more demand for ETH (gas)
• Higher fees = more ETH burned
• Fundamentals now support the technical breakout
Key levels to watch:
Support: $3,050–3,120
Resistance: $3,320–3,350 → $3,500 next
ETH doesn’t need hype right now. It needs follow-through: sustained activity + volume confirmation. If BTC dominance cools and capital rotates, Ethereum is well-positioned to outperform.
Not calling $4K yet — but the setup is getting interesting. 🔥 #Ethereum
