š $ETH: Bulls Eyeing Higher Levels As Inflows Persist?
$ETH continues to be a key focus, currently trading around the $2640 mark. Recent weeks saw a significant uptick, partly fueled by sustained institutional interest and positive ETF inflow data. The overall sentiment appears cautiously optimistic as $ETH tests crucial levels. Some analysts note $ETH outperforming $BTC, hinting at broader altcoin strength.
š Trading Outlook (No Leverage):
š¢ Potential Long: A confirmed break and hold above the $2655 resistance could pave the way towards the $2800-$2825 zone. If bullish momentum and inflows continue, $3000 could be the next major target.
š“ Short Setup: Failure to hold above $2600, and a subsequent break below the $2575 support, could trigger a move down towards the $2450-$2500 support zone.
Eyes on key levels and volume for confirmation! š§
NFA/DYOR.
#ETH #AltcoinSeason

