$ETH is at a critical juncture, and the upcoming #ETH ETF launch on July 23 could significantly impact its price. Monitor key support and resistance levels closely, and be prepared for increased volatility around the ETF launch date.

Resistance Levels:

- R1: 3,494 – Immediate resistance. A breakout could push ETH towards higher levels.

- R2: 3,572 – Significant resistance. A break above this level might indicate a strong bullish trend.

- R3: 3,630 – Strong resistance level near the 1-month high (3,625). Breaking this could signal a major upward move.

Support Levels:

- S1: 3,356 – Immediate support. If ETH falls below this level, it might test further supports.

- S2: 3,300 – Key support. A drop below this could indicate a bearish trend.

- S3: 3,220 – Strong support. Breaching this level could lead to significant downside movement.

#ETH ETF launch on July 23 could act as a catalyst for upward price movement, increasing institutional interest and driving buying pressure. Conversely, failure to break resistance levels or negative market sentiment could push ETH to test lower support levels.

Always use stop losses to manage risk effectively.

#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #BULLRUN24