$ETH /USD

Why I’m bullish on ETH/USD (Buy Long Setup):

Ethereum (ETH) has shown strong resilience in the crypto market, maintaining its position as the leading smart contract platform. With continuous upgrades like Ethereum 2.0, increasing Layer 2 adoption, and expanding use cases in DeFi and NFTs, the network’s fundamentals remain robust. Institutional interest is steadily growing, and on the technical side, ETH has formed a solid support base near the 1838–1840 level. A breakout above this zone could trigger a strong upward move toward the $3000 target.

Overall, both technical and fundamental signals point toward a bullish momentum for ETH in the coming weeks.

Trade Setup (Long):

Entry: 1838.00, 1840.00

Target: 3000.00

Stop Loss: 1573.00

Reasoning:

Ethereum (ETH) remains one of the most popular and widely followed cryptocurrencies in the market. Its strong developer ecosystem, wide range of decentralized applications (dApps), and upcoming network upgrades continue to attract both institutional and retail investors. Recent market interest has been growing due to optimism about Ethereum’s scalability improvements, Layer 2 developments, and increasing adoption in DeFi and NFTs. I believe this setup offers a strong risk-reward opportunity, aiming for a breakout toward the $3000 level.

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