ETH

ETH is in an early Stage 1 consolidation after a mid-June capitulation. Price has stabilized above rising EMAs in a tight base with volume contraction and an expanding RSI, suggesting selling exhaustion and creating bullish asymmetry over the medium term. However, price appears extended above short-term EMAs and the upper base boundary, so speculative engagement should be deferred into pullbacks near EMAs or the base support zone.

• ↑ETH gained 11% in July, driven by rising institutional allocations.
• ↑Models forecast ETH reaching $1,960–$2,193 if it sustains above moving averages.
• ↓ETH trading near $1,920 remains well below its all-time high.