⚓️1.480 $ While sharing my #Ethereum analysis mentioned at levels, the first technical target of 2.925 $ has been reached, after which the ETH price experienced the expected correction. As of today, the price has pulled back to the support level of 2.298 $ .

📌 The weekly closes remaining above this level indicates that the previous structure has not been broken. Technically, this area is a strong trend support. As long as there are no weekly closes below this level, I see the level of 4.000 $ as technically possible in the medium term.

✍️ Specifically for ETH, both cyclical analyses and on-chain data show that institutional inflows continue and the number of holding addresses is increasing. However, US interest rate expectations and Bitcoin volatility may create short-term pressure.

During this process, technical levels should be closely monitored. Low leverage and disciplined position management are important.

‼️ This is not investment advice.

#ETH #Ethereum #Crypto #Altcoin #BTC