💡Fengshen Chat Trading—
#ETH# 2025.09.16
Intraday Analysis
1️⃣ Structure Interpretation
Due to the breach of the 4250 level, the current space has been completely opened up. Today, ETH is testing in the larger range of 4,350–4,700, with short-term support at 4,450-4,500 and resistance at 4,670-4,690. Overall, the short-term outlook is bullish, but we need to be cautious of intraday profit-taking; if ETF inflows continue with volume, it will be easier to break through the upper resistance.
2️⃣ Fund Flow & On-chain & Exchange Dynamics
ETF Flows: This week, ETH-related spot ETFs con