🚨Overview of Ethereum
Symbol: ETH
Blockchain: Ethereum
Launch date: 2015
Function: Smart contract platform and decentralized applications (DApps)
Ranking: #2 after Bitcoin in terms of market capitalization
🎯 Fundamental Analysis
1. Development and updates
Ethereum 2.0: Successfully upgraded to a proof-of-stake (PoS) system instead of proof-of-work (PoW).
Scalability: Improved performance and speed with reduced fees using solutions like:
Layer 2 solutions (like Arbitrum and Optimism)
Danksharding and Proto-Danksharding (coming soon)
2. Network activity
Number of wallets: Over 250 million unique wallets
Daily transactions: Over a million
Number of active smart contracts: Tens of thousands
3. Ecosystem
Home to the largest DeFi applications (Uniswap, Aave, MakerDAO)
The most used blockchain for launching NFTs
Supported by major institutions (BlackRock, Visa started trials with USDC on Ethereum)
🎯 Technical Analysis
1. Current price:
Approximately $2,600 - $3,000 (market dependent)
2. Supports and resistances
Strong support: $3,200
Secondary support: $3,000
Strong resistance: $4,000 then $4,300
Breaking $4,000 means the possibility of testing the previous peak (ATH) near $4,800
3. Technical indicators
RSI: Moderate (55 - 60), does not show overbought or oversold
MACD: In a positive crossover, gives a bullish signal
Moving Averages: Price above the 50 and 200-day averages, which is a bullish signal
Fourth: Behavioral/Psychological Analysis
The market is waiting for an ETF for Ethereum → a potential strong catalyst
Whales have started accumulating ETH recently
Investors are waiting for a clear breakout above 4,000 for a strong entry
Fifth: Future predictions (2025 - 2026)
> Note: Predictions are not guarantees, but are based on market trends and analysis.
Period Positive outlook Cautious outlook
Mid 2025 $4,500 - $5,500 $3,200 - $3,800
End of 2025 $6,000 - $7,500 $4,000 - $5,000
Sixth: Risks
Delay in ETF adoption
Competition from other blockchains (Solana, Avalanche)
Gas fee issues if not adequately resolved
Government regulations may affect altcoins
🥁Summary
Ethereum is considered the cornerstone of the Web 3 world, and future opportunities depend on its ability to:
Expansion
Cost reduction
Maintaining its position against competitors
If an ETF for Ethereum is officially adopted, then
We may see a price explosion similar to what happened with Bitcoin.
