Updated Analysis of Ethereum (ETH)

Ethereum (ETH) is currently experiencing a noticeable improvement in price, trading at $2666, which is its highest level in recent times, reflecting a gradual return of confidence to the market.

1. Current Price and Trend

Current Price: $2667.

Overall Trend: Bullish, especially after breaking the previous resistance level at $2600.

Maintaining stability above 2650$ supports the idea of rising to higher levels in the coming days.

2. Technical Analysis

Current Support: $2600, followed by $2470.

Next Resistance: $2750, then $2850.

Technical indicators (such as RSI and MACD) indicate strong buying momentum, but with the possibility of a slight correction before continuing to rise.

3. Positive Factors

Improvement in the performance of the Ethereum network after recent software updates.

Increased interest from institutional investors.

Expectations for the launch of an Ethereum ETF soon.

4. Current Recommendation

For medium-term investors: One can wait for a correction towards 2600$ to re-enter.

For day traders: Monitor the break of $2700, as surpassing it may open the door towards $2900.