$ETH 🔥 Ethereum (ETH) — what's happening and what to expect next
Ethereum is trading around $4,268 — having lost nearly 6% over the last day. This is due to the overall correction in the market and expectations regarding interest rates in the U.S.
Currently, ETH is at an important level:
• If the price holds above $4,326, analysts expect growth first to $4,563, and then to $5,300 and higher.
• If the support level does not hold, a pullback to $3,700 is possible.
📌 What to pay attention to:
• Institutional investors continue to buy
• A large project Remittix based on Ethereum is being launched — this could significantly increase demand
• The market is waiting for decisions from the Federal Reserve — this also affects the dynamics of ETH