$ETH #ETH | Daily Analysis and News

Ethereum (ETH) continues to capture the attention of investors by establishing itself as one of the pillars of the crypto ecosystem. With the rise of institutional interest and the planned improvements on the network, ETH shows strong technical signals.

Current Trend:

Price: around $3,050 (subject to variation)

Key Support: $2,950

Major Resistance: $3,200

Market Sentiment: bullish in the short term, dominated by the anticipation of new uses of L2 and staking.

Points to Watch This Week:

1. Flows on DeFi platforms: An increase could boost demand for ETH.

2. Staking Volume: Constantly rising, enhancing security and scarcity.

3. Institutional Adoption: Signals from crypto funds and tech companies are encouraging.

Suggestion: For swing traders, a clear breakout above $3,200 could pave the way for a new rally. For long-term investors, the current stability represents a great accumulation opportunity.

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