⚓️1.480 $ While sharing my #Ethereum analysis mentioned at the level, the initial technical target of 2.925 $ was reached, after which the ETH price experienced the expected correction. As of today, the price has pulled back to the support level of 2.298 $ .

📌 Weekly closures remaining above this level indicate that the previous structure has not been broken. Technically, this area is a strong trend support. As long as there are no weekly closures below this level, I technically see the level of 4.000 $ as possible in the medium term.

✍️ Specifically for ETH, both cyclical analyses and on-chain data show that institutional inflows are continuing, and the number of holding addresses is increasing. However, US interest rate expectations and Bitcoin volatility may create short-term pressure.

During this process, technical levels should be closely monitored. Low leverage and disciplined position management are important.

‼️ This is not an investment advice.

#ETH #Ethereum #Crypto #Altcoin #BTC