Today, information came in that the SEC is reviewing the regulatory status of Ethereum. A possible reclassification$ETH as a security could significantly impact the price.
📉 The market is already reacting — Ether is oscillating around $2950, but holding. And here's why this may not be a drop, but a chance to profit:
🔍 Why this could hype up:
SEC is preparing a statement on ETH — if it's not recognized as security, Ether will go to $3500+
ETF flows continue to go into Ethereum — institutions are not backing down
The entire L2 ecosystem (Arbitrum, Optimism) is tied to Ether — a sharp movement of one activates all
📈 My trading idea:
Entry: $2900–2950 (if holding above 2900)
Stop: $2810 (below the nearest liquidity level)
Target: $3150 / $3370
Ideal for margin or spot
⛔️ Don't go all-in. Keep an eye on SEC news. The trade is short-term. But the potential is strong; such statements always create movement, and you could be the first in it.