Ethereum is showing serious strength, but this is also where traders need to stay disciplined.
$ETH gained around 30% over the week, while crypto sentiment pushed into extreme greed at 79. That combination tells me the momentum is real, but the risk of a short-term pullback is rising too.
The interesting part is that spot Ethereum ETFs pulled in $697M last week, showing institutional demand is still supporting the move.
For me, $2,500 is the level to watch. A clean break and hold could open the door toward $2,700, while rejection could bring a retest of $2,350 or lower.
Bullish, but I wouldn't chase the candle here. Let the market confirm the next move.
$ETH gained around 30% over the week, while crypto sentiment pushed into extreme greed at 79. That combination tells me the momentum is real, but the risk of a short-term pullback is rising too.
The interesting part is that spot Ethereum ETFs pulled in $697M last week, showing institutional demand is still supporting the move.
For me, $2,500 is the level to watch. A clean break and hold could open the door toward $2,700, while rejection could bring a retest of $2,350 or lower.
Bullish, but I wouldn't chase the candle here. Let the market confirm the next move.
