$ETH ### **Ethereum (ETH) Price Action Alert**
**ETH is showing strength**, breaking key levels as crypto markets heat up. Here’s what you need to know:
#### **📈 Current Move:**
- **Breaking Resistance** – ETH/USD cleared **$3,500**, eyeing **$3,800** next.
- **Outperforming BTC** – ETH/BTC ratio rising, signaling altcoin momentum.
- **Volume Spike** – Increased buying pressure confirms bullish interest.
#### **🚀 Key Catalysts:**
✔ **ETF Speculation** – SEC decision on spot ETH ETFs looms (bullish if approved).
✔ **Upcoming Upgrades** – Pectra hard fork (Q1 2025) improving scalability.
✔ **Macro Tailwinds** – Fed rate cuts could boost risk assets like ETH.
#### **💡 Trading Strategy:**
- **Spot Holders**: Keep stacking if ETH holds **$3,400+ support**.
- **Traders**: Watch for a **close above $3,600** to confirm continuation.
- **Caution**: Rejection at **$3,800** could trigger a pullback.
**📊 Levels to Watch:**
- **Support**: $3,400 → $3,200 (must hold for uptrend)
- **Resistance**: $3,600 → $3,800 (breakout targets $4,000+)
**🔮 Outlook:**
Bullish if ETH stays above $3,400. A **macro rally + ETF news** could send it **parabolic**.
*Are you long ETH? Waiting for a dip? Let’s discuss!* #Ethereum✅ #ETH #Crypto