$ETH Ethereum (ETH) is showing bullish momentum, with traders eyeing a short-term target of $2,200. This optimism is fueled by growing interest in decentralized applications, increasing activity on the Ethereum network, and anticipation around Ethereum upgrades improving scalability and speed. Investor confidence is also supported by Ethereum’s role in DeFi and NFTs, which continue to expand. Technical indicators show strong support levels, and if ETH breaks above its current resistance, the $2,200 target looks achievable. However, as with all crypto markets, sudden volatility and external economic factors could influence price action, so traders should stay cautious and monitor closely.$ETH
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