ETH Buy IdeaEthereum / TetherUSBINANCE:ETHUSDTGihanhemachandra📈 Setup Summary: Ethereum (ETHUSD) is breaking out of a multi-week consolidation with rising volume and strong bullish momentum. Price has reclaimed key moving averages, and sentiment has shifted favorably across crypto markets. 📊 Entry & Risk: •Entry Price: $3,860 - 3870 •Stop: $3,470 🧠Macro Catalyst: Spot ETH ETFs Are Coming •The SEC is reviewing multiple Ethereum Spot ETF applications from BlackRock, VanEck, ARK/21Shares, and others. •Market expects approvals Q3–Q4 2025, mirroring the prior surge seen in BTC after IBIT and similar ETFs launched. •A successful launch could unlock institutional ETH flows, driving significant upside. 🟢 Adding ETF tailwind to technical breakout = high-conviction swing trade. 🚀 Momentum Signals: •RSI & MACD bullish cross on daily •Increasing volume on breakout •ETH outperforming BTC (ETHBTC ratio turning up) •Crypto market as a whole showing risk-on tone DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.