$ETH
General Advice on Ethereum (ETH)
1. If you're planning on a long-term investment (Holding):
Ethereum is a strong and robust project technically, and it's the second largest cryptocurrency after Bitcoin.
It has a promising future, especially with the development of decentralized applications (DeFi), NFTs, and smart contracts.
But you should know that challenges exist: such as competition from faster and cheaper networks (like Solana and Avalanche), and the impact of layer two solutions on the value of the original network.
Advice: If you invest, make it part of a diversified portfolio; don't put all your money in it.
2. If you're planning on short-term trading (Scalping or Swing):
Currently, the market is volatile, and there are indications of a potential rise in the near term (if it can surpass the resistance of $2000).
However, whales have started to sell, which could cause sudden corrections.
Advice: Follow technical analysis daily, and always use a stop loss. Don't enter a trade without a clear plan.