๐จ Is Ethereum preparing to lead a new bull wave? ๐$ETH
ETH has shown clear strength over the past few days, rising by roughly over 30% since the start of the week, reaching levels close to $2,400. In addition, spot Ethereum funds recorded strong inflows, totaling about $221 million on August 20, reflecting the continued interest from institutions.
๐ My personal view: The weekly chart shows that ETH is maintaining a long-term upward trend line, and with a break above the $2,259 zone, we could see continued momentum toward higher levels.
๐ฏ The most important zone now: $2,259$
๐ฅ A breakthrough of the upcoming resistance levels could make Ethereum one of the most prominent coins capable of leading a new upward wave in the altcoin market.
โ ๏ธ But after this strong surge, we should pay attention to the possibility of a short correction before continuing higher; some indicators have moved into overbought zones.
๐ I always share daily market analyses and analyses of digital currenciesโfollow me for more updates and analyses.
$ETH $BTC
#Ethereumโ #ETH #crypto T #ุชุญููู_ุงูุนู ูุงุช_ุงูุฑูู ูุฉ #Cryptohorizon24
ETH has shown clear strength over the past few days, rising by roughly over 30% since the start of the week, reaching levels close to $2,400. In addition, spot Ethereum funds recorded strong inflows, totaling about $221 million on August 20, reflecting the continued interest from institutions.
๐ My personal view: The weekly chart shows that ETH is maintaining a long-term upward trend line, and with a break above the $2,259 zone, we could see continued momentum toward higher levels.
๐ฏ The most important zone now: $2,259$
๐ฅ A breakthrough of the upcoming resistance levels could make Ethereum one of the most prominent coins capable of leading a new upward wave in the altcoin market.
โ ๏ธ But after this strong surge, we should pay attention to the possibility of a short correction before continuing higher; some indicators have moved into overbought zones.
๐ I always share daily market analyses and analyses of digital currenciesโfollow me for more updates and analyses.
$ETH $BTC
#Ethereumโ #ETH #crypto T #ุชุญููู_ุงูุนู ูุงุช_ุงูุฑูู ูุฉ #Cryptohorizon24