Ethereum Holds $4.5K Support; Institutional Flows Point Toward $7.5K
I see Ethereum holding the $4,500 support level after a pullback from the $4,788 high, trading around $4,557 following a 3.88% decline.
Technical indicators point to short-term overbought conditions, suggesting limited near-term upside until momentum cools.
However, strong institutional interest keeps my longer-term bias constructive, with consensus targets around $7,500 — I’d look to accumulate selectively on weakness while managing risk.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.