Unlike Bitcoin, the recent correction in the crypto market hasn't led to a break of support in ETHUSD case. Instead, bulls held the 2900 technical support level very well. Although the recent ETF approval led to some profit-taking, bulls returned to the market around 3100, establishing a higher low.
With new optimism back in the crypto market, I don't see ETH being left behind, and I expect a continuation toward the 4000 resistance level.
Technically, as I mentioned, we have a higher low relative to the 2900 support, and once 3400 is cleared, we could expect acceleration. This outlook is negated if the recent low does not hold.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.