Ethereum ($ETH ) remains one of the most dominant cryptocurrencies in the market, offering strong fundamentals and continuous development. With Ethereum’s transition to proof-of-stake (PoS) and the rise of Layer 2 scaling solutions like Arbitrum and Optimism, transaction speeds have improved while gas fees are becoming more manageable.
From a trading perspective, ETH’s price action has been volatile, making it a great option for both scalping and swing trading. Key support and resistance levels should be monitored closely, as ETH often follows Bitcoin’s trend but with higher volatility.
What are your thoughts on ETH’s price movement? Do you see bullish or bearish momentum in the short term?