Ethereum (ETH) Update
Current Status:
Ethereum is the king of smart contracts and the backbone of DeFi and NFTs. With the shift to Proof of Stake (PoS) complete and upgrades like Dencun rolled out, ETH is becoming faster and cheaper to use.
Recent Trend:
ETH has been consolidating but shows strong fundamentals and is often a leader during altcoin rallies. Institutional interest is rising, especially with potential ETH ETFs on the horizon.
Key Info:
Symbol: ETH
Use Case: Smart contracts, DeFi, NFTs
Network: Ethereum Mainnet (PoS)
Market Sentiment: Cautiously Bullish
Signals (Not Financial Advice):
Entry Zone: $2,950 - $3,150
Resistance: $3,400
Breakout Target: $3,600 - $3,800
Support: $2,800
Signal:
Bullish above $3,400 with volume
Bearish below $2,800
