$ETH Ethereum ($ETH) continues to be a major part of my portfolio and trading strategy. Recently, I’ve been closely analyzing ETH’s price action as it hovers near a critical support zone around $3,500. My technical analysis shows a descending triangle forming, and I’m watching for either a breakout or breakdown. If it breaks above $3,700 with volume, I’ll consider a long position. If it falls below $3,450, I’ll short with a target near $3,200. Fundamentally, Ethereum is strong due to continued L2 development and increasing staking activity. Gas fees remain stable, which is a good sign for network adoption. ETH is currently at a decision point, and I’m ready to react to whichever direction it confirms next.
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