The uptrend is undeniable. Ethereum has unleashed a massive wave of buying pressure, blasting through previous levels with incredible force. The price is now in a clear and powerful short-term uptrend, and this minor pullback is the exact entry savvy traders are looking for.
This isn't a reversal. This is a healthy pause before the next launch.
📊 The Bullish Case (Why You Should Be Long ETH)
🔹 Explosive Momentum: The massive, vertical move up is a clear signal that bulls are in complete command. This is not a slow grind; it's a powerful statement from the market.
🔹 Confirmed Uptrend: The chart is painting a perfect picture of higher highs and higher lows. This is the definition of a healthy, powerful bull trend on this timeframe.
🔹 Healthy Pullback: The current dip from the highs is a gift. It allows for an entry into a confirmed trend without chasing the absolute peak, providing a much better risk-to-reward ratio.
🔹 The Path of Least Resistance is UP: With this much momentum, fighting the trend is a low-probability play. Riding the wave is the smart move until the market proves otherwise.
📈 The Trade Recommendation:
This is a classic "buy the dip" in a powerful uptrend. We are looking to join the dominant momentum.
✅ BUY: In the current zone of $2800 – $2810
🎯 TP1: $2840 (A re-test of the recent high)
🎯 TP2: $2880
🛑 SL: $2780 (A tight stop below the recent consolidation low)
🔥 The Bottom Line: The momentum is explosive, the trend is confirmed, and this pullback is your golden ticket to get on board. Ethereum is showing massive strength, and the next leg up is imminent.
👇 Do you think ETH hits $3000 this week? Let me know! 👇
❤️ Like if you're bullish on this ETH rally, and follow for more high-momentum setups
#ETH #Ethereum #ETHETFsApproved #ETH🔥🔥🔥🔥🔥🔥
