ETH - Current Market Outlook
Ethereum shows a strong recovery, trading near $2,590.
The implementation of the "Pectra" upgrade has improved network efficiency, attracting greater interest from institutional investors.
Technical indicators suggest a possible consolidation in the short term, although the long-term trend remains bullish.
It is crucial to observe the resistance levels at $2,700 and support at $2,500 to anticipate future movements.
Projection: A sustained advance above $2,700 could lead ETH towards $3,000.
Conversely, a drop below $2,500 could trigger a correction towards $2,300.
