Ethereum (ETH) is currently trading around 2,480 USDT with unpredictable fluctuations, creating both opportunities and risks for investors. Recently, ETH completed wave B in the Elliott wave pattern, ending near the Fibonacci extension level 0.786 — a special ratio that the Seovereign team has effectively used in many real trading scenarios.
The current price area is assessed as a valid entry point technically for long-term positions. However, with heightened volatility, risk management is essential. Short-term targets are identified respectively at the levels: 2,555 – 2,589 – 2,624 USDT.
Regarding prospects, although the long-term trend of ETH is still unclear, this is an appropriate stage for flexible strategy investors to consider entering the market. Closely monitoring technical thresholds, combined with discipline in setting stop-losses, will be key factors in effectively taking advantage of the current volatility of Ethereum.