#So, friends, regarding 💲ETH:
📊Since the first days of February, Ethereum has been moving in a powerful upward trend within the framework of an ascending expanding channel, which emphasizes the strength of the trend. On the last day of last month, the important level of $3,500 was broken and a new high ($3,540) was made, after which the price went into a slight sideways trend. Now we are collecting the necessary liquidity to continue the trend movement.
❕ ETH fully justifies the title of “Main Altcoin,” pointing the way to other assets that have finally begun to see active movements recently. It is highly likely that this trend will continue.
📊Technically, 2 options are currently possible:
1) Continued growth without any special corrections.
2) Rollback to retest the trend from below and resume growth from approximately $3200.
🔜Both options are bullish and lead to the next growth target of $4000+
✅To summarize the above: in the medium to long term, the mood for ETH is extremely positive. I think that soon we will see Ethereum at both $4,000 and $5,000, and its capitalization will only grow. Don’t forget that this is the TOP-1 blockchain💎, on the basis of which the most fundamentally powerful projects of this market have been developed, including those from the 🚜DeFi sector, which is now ahead of the market.
