ETHEREUM APPROACHES KEY LEVELS BULLS EYE $3K BREAKOUT!

Ethereum is currently trading at $2,541.58 with a 1.11% increase, sparking interest in whether it can break through the $3,000 barrier. Analysts are closely watching key support levels, particularly the $2,400 zone, which could determine if Ethereum experiences a deeper correction or a bullish reversal.

Key Levels to Watch:

Resistance Levels:$2,600 and $2,700 are crucial resistance levels that Ethereum needs to break through to reach $3,000.

Support Levels: $2,400-$2,450 is a critical support zone. If Ethereum holds above this range, the bullish thesis remains valid. A daily close below $2,400 could lead to a deeper correction toward the $2,200 zone.

Market Trends:

-Dollar Weakness: Ethereum's inverse correlation with the U.S. Dollar Index (DXY) could drive its price up if the DXY continues to weaken.

Institutional Interest:Growing institutional investment, such as BlackRock's $52.8 million investment, could fuel Ethereum's price rally .

Altcoin Season:If Bitcoin consolidates above $100,000, Ethereum could lead the next leg up, potentially triggering a strong altcoin season.#USChinaTradeTalks #TrumpTariffs $ETH $BTC