$ETH
Is Ethereum (ETH) worth buying now?
Is Ethereum (ETH) worth buying now? Ethereum’s recent decline could be a great buying opportunity this year, market analyst Michael van de Poppe believes.
After warning of a possible correction last week, van de Poppe pointed to a short-term bearish divergence as the factor that triggered the recent price decline.
ETH, which is now trading at around $3,505, is approaching a key support range around $3,300. Van de Poppe believes that this level bodes well for a rebound. However, he warns that if the negative market trend intensifies — which could be due to the escalating geopolitical situation — the $3,000-$3,100 range could be the optimal zone for accumulation in the second half of 2025.
Analysis suggests a two-level strategy: 70% probability of Ethereum stabilizing in the first support zone and 30% probability of testing lower lows. The chart also indicates increased liquidity below $3,300, which reinforces the idea that any prolonged decline may trigger a sharp recovery.
Disclaimer:
I am not a financial advisor. This content is for informational and educational purposes only.
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