🔥 Quick Update and Analysis on Ethereum (ETH)

Current Price: ~2,256.55 $

Performance: Ethereum has seen outstanding growth this quarter, outperforming Bitcoin by over 40%.

Pectra Upgrade: An anticipated update that increases staking capacity from 32 to 2,048 ETH, enhances the network, and reduces fees, encouraging greater adoption.

Institutional Involvement: ETF funds on ETH are experiencing massive inflows, indicating long-term investor confidence.

Current Support: 2,500 $, with the next resistance around 2,800–2,850 $. Breaking through this level paves the way towards 3,400–3,500 $.

Risks: Regulatory volatility and competitive pressure from chains like Solana and BNB.

🎯 Recommendation:

Watch for a breakout above the 2,800 $ level—if it occurs, it will set the path for ETH to rise towards 3,500 $. Current support at 2,500 $ is a pivotal point for short- and medium-term investors.

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✅ Summary: ETH remains a strong bet on the development of blockchain infrastructure, with high upside potential as long as it maintains key support levels.

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