Ethereum Resists Correction, Eyes $3K Breakout
🐳Ethereum (ETH) is showing strong bullish momentum and is targeting a breakout above $3,000, driven by:
Technical Strength: ETH is holding key support levels and forming bullish patterns, signaling a possible move toward $3,100–$3,200.
Institutional Support: Investments from major players like BlackRock and SharpLink are boosting market confidence.
Macro Trends: A weaker U.S. dollar and declining Bitcoin dominance are favoring Ethereum’s rise.
🐳Despite potential short-term pullbacks, Ethereum’s overall outlook remains bullish, with strong potential for a breakout past the $3,000 level.
🐳Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.
