Jul. 23 at 4:54 PM
$ETH.X
$FETH Ethereum is on its ninth consecutive day of gains, recently surpassing
$3,800—its highest level in seven months.
Technical analysts point to strong support levels at
$3,500–
$3,600, while overbought indicators (RSI north of 80) suggest a possible short-term pause or pullback.
U.S.-listed spot Ether ETFs are seeing unprecedented demand—one report noted a single-day inflow of
$727 million, with cumulative flows around
$2 billion since early July.
These inflows are buying pressure on ETH and supporting its rally above
$3,800.