#ETH Breaks $3600#

Ethereum has finally broken the $3600 level, drawing investors' attention once again. However, is this rise just a technical reaction, or the beginning of a larger movement? Let's evaluate ETH with technical analysis and on-chain data.

Current Technical Outlook (15 July 2025)
• Price: 3615 USDT
• Resistance levels:
▫ 3650 – Short-term local peak
▫ 3800 – Psychological threshold
• Supports:
 ▫ 3500 – The broken previous resistance ( is now support )
▫ 3350 – EMA 50 zone

Indicators:
• RSI: 64 – Not overbought yet
• MACD: In the positive zone, momentum continues
• Volume: 18% increase in the last 24 hours

So what is behind this rise?
• ETF expectations are on the agenda again. There is particularly an increase in institutional demand for Ethereum.
• The growth in the L2 ecosystem is expanding the use cases of Ethereum.
• The number of on-chain active addresses is increasing, which is a signal of organic usage.

What is my strategy?

Trading within the trend:
I am following ETH transactions with gradual long positions as long as the trend continues.
• Entry: 3580 – 3620 range
• Target: 3750
• Stop: 3490

However, I do not expect a major breakout before a large volume exit above 3650.

Ethereum's rise above $3600 is technically a positive signal. However, without the support of volume and news flow, it may not be sustainable. Therefore, it is essential to monitor both short-term trends and fundamental developments.

This analysis is not investment advice; it is based on my own strategy. Where do you think ETH's next stop will be? I look forward to your comments!