Ethereum settles near $ 3,500 amid investment funds and global economy fluctuations

Ethereum currency prices were balanced around the level of three thousand and five hundred dollars after a sharp decline approached ten percent during the past week, while the state of reluctance continues to pressure the digital asset market.

An economic climate that enhances aversion to risk

Keeping the Federal Reserve Part of interest rates at the range of four separations twenty -five to four separations fifty percent without a clear indication of an imminent reduction; To consolidate a strict tone that prompted the dealers to reduce the appetite of the risk, so the encrypted assets led by Ethereum fell.

Positive flows reflect institutions’ adherence to Ethereum

The instant ethereum funds circulated in the United States have maintained a purchasing tendency for the twelfth week in a row, recording net flows exceeding one hundred and fifty million dollars, despite the wave of violent profits at the end of July, while the value of the flows was much a week ago and reached about one billion and fifty -fifty million dollars.

The continuation of these flows – albeit at a slower pace – alludes to long -term institutional confidence that may reduce the impact of price declines.

Selling pressure from the whales of the network

The “Crydo Quant” report showed that the senior USDT, USDC and WBTC symbols on the Ethereum network made daily profits of forty million dollars in late July, a level that matches previous atoms that accompanied the market peaks in March 2024 and January 2025, which supports the idea that the correction movement is part of a broader session to earn profits.

Technical indicators tend to recover

Ethereum fell without supporting 3730 dollars, then continued to drop to approximately $ 3390 at the Fibonacci correction level, seventy -eight separations of six percent, extending between April’s bottom at $ 1374 and July Summit at $ 3946.

Then the price wore more than three thousand and five hundred dollars, while the relative strength index rose to fifty -six after it touched the balance level, indicating the improvement of the rising momentum.

If the price succeeds in consolidating its gains, it may re -test the broken support zone near 3730 dollars, while the Si -moving average represents fifty days at 3170 dollars in the next defense line in the event of the return of selling pressure.