$ETH 📈 Market Analysis (Short Form)
1. Deflationary Mechanics (Scarcity)
Proof-of-Stake (PoS) + EIP-1559 Burn: ETH supply is actively shrinking when network activity is high, creating a fundamental scarcity that supports long-term price appreciation.
2. Institutional "Green Light" (Demand)
Spot ETFs: Following Bitcoin, the expected approval of Ethereum Spot ETFs is the biggest near-term catalyst. This unlocks regulated access for traditional financial institutions, creating a massive new source of demand.
3. Scaling Success (Utility)
Layer 2 (L2) Rollups: Ethereum is scaling effectively via L2s (Arbitrum, Optimism, etc.). Upgrades like Proto-Danksharding (EIP-4844) dramatically reduce L2 costs, making the entire ecosystem faster and cheaper for users. This boosts network activity, which in turn increases ETH burning.
4. Technical Focus
Support: Key support zone around the $3,100 - $3,400 range.
Resistance: Need a decisive break above $4,000 to confirm a run to the previous ATH and enter price discovery.
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