Ethereum (ETH) Analysis
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to attract attention from investors and developers alike. As a decentralized platform, Ethereum enables smart contracts and decentralized applications (dApps), making it essential to the blockchain ecosystem. Recently, ETH has shown resilience despite market volatility. Analysts observe a strong support level around $3,000, with bullish sentiment increasing due to upcoming upgrades like Ethereum 2.0. These upgrades aim to improve scalability and reduce gas fees. However, regulatory concerns and macroeconomic factors may impact price movements. Overall, ETH remains a critical asset with long-term growth potential in the evolving crypto landscape.