Ethereum (ETH) has surged strongly today, currently priced between $3775 and $3825, with a 24-hour increase of 7.86%. Technical indicators show that there is still upward momentum in the short-term, but the RSI being overbought requires caution for a pullback. Key support level is between $3650 and $3610, while resistance level is between $3825 and $3850; a breakout could test $4000. Institutional capital inflow is strong, and Whale purchases provide support, but there is a risk of getting liquidated with high margin trading. It is recommended to follow the breakout situation around $3800-$3850, and in the short-term, one can go long on dips or short at resistance levels, with strict stop losses.

ETH1.78%
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