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Ethereum (ETH/USD) Bullish Outlook – 1D Timeframe
Ethereum (ETH) is currently trading at $2,699.79, showing strong bullish momentum. With increasing buying pressure and a positive market sentiment, ETH is poised for further gains, eyeing the $4,000 level in the coming weeks.
Key bullish indicators:
✅ Uptrend Confirmation – ETH has maintained higher lows, signaling strength.
✅ Strong Support Levels – Holding above key support zones reinforces bullish momentum.
✅ Market Optimism – Institutional and retail interest continue to push ETH higher.
If ETH breaks key resistance levels, we could see a rapid climb toward $4,000, making this an exciting time for bulls. Stay prepared for the next leg up! 🚀
#ETHUSTD #1000CHEEMS&TSTOnBinance #bullish
Ethereum (ETH) is currently trading at $2,699.79, showing strong bullish momentum. With increasing buying pressure and a positive market sentiment, ETH is poised for further gains, eyeing the $4,000 level in the coming weeks.
Key bullish indicators:
✅ Uptrend Confirmation – ETH has maintained higher lows, signaling strength.
✅ Strong Support Levels – Holding above key support zones reinforces bullish momentum.
✅ Market Optimism – Institutional and retail interest continue to push ETH higher.
If ETH breaks key resistance levels, we could see a rapid climb toward $4,000, making this an exciting time for bulls. Stay prepared for the next leg up! 🚀
#ETHUSTD #1000CHEEMS&TSTOnBinance #bullish
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#ethustd Analysis Analysis
#ETHUSDTTrading view
Reflecting BTC price consolidation, ETH price witnessed overall supply at $3030. This consolidation can be marked by the highs and lows of $3030 and $2875 from the daily candle on February 20.
Short-term and high-wick candles may reflect an uncertain sentiment, but eth seems to have a different outlook. In a recent highlight from on-chain data tracker 'Lookonchain', a wallet believed to be associated with Justin Sun was seen making significant purchases of ETH on cryptocurrency exchange Binance. The latest transaction involved the purchase of 18,616 ETH worth approximately $54.57 million.
This follows a series of purchases across Binance and various Decentralized Exchanges (DEX) over 12 days totaling 151,196 ETH worth approximately $435.3 million at an average price of $2,879 per ETH.
Thus, Ethereum price broke above the general resistance of $3030, signaling that the recovery trend continues. The post-breakout rally took the asset to $3280, recording a 10% potential gain.
#ETHUSDTTrading view
Reflecting BTC price consolidation, ETH price witnessed overall supply at $3030. This consolidation can be marked by the highs and lows of $3030 and $2875 from the daily candle on February 20.
Short-term and high-wick candles may reflect an uncertain sentiment, but eth seems to have a different outlook. In a recent highlight from on-chain data tracker 'Lookonchain', a wallet believed to be associated with Justin Sun was seen making significant purchases of ETH on cryptocurrency exchange Binance. The latest transaction involved the purchase of 18,616 ETH worth approximately $54.57 million.
This follows a series of purchases across Binance and various Decentralized Exchanges (DEX) over 12 days totaling 151,196 ETH worth approximately $435.3 million at an average price of $2,879 per ETH.
Thus, Ethereum price broke above the general resistance of $3030, signaling that the recovery trend continues. The post-breakout rally took the asset to $3280, recording a 10% potential gain.
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