Ethereum Today: Bullish or Bearish?

📍 Price Action: ETH is currently $2,578, +2.4% on strong volume ($15B) 

📉 Sentiment: Short-term sentiment is in Greed with rising call-option interest (~80%) ()

📈 On-chain: Institutions & whales are accumulating; record ETH staking (~35.6M ETH) ()

💡 Trade Outlook:

• Bias: Bullish

• Entry Zone: On minor pullback to $2,500–$2,550

• Target: $2,700–$2,800 in case of continued momentum

• Stop-loss: Below $2,450

• Tip: Watch ETH/BTC ratio and CPI data — key triggers for next move

⚠️ Note: While sentiment is positive, key resistance ($2.7K) and macro factors remain influential.

#Ethereum #ETH #CryptoTrading #WriteToEarn

$ETH