Ethereum (ETH) is setting up for a powerful move. After hitting a multi-month high last week, ETH pulled back into a higher-low formation—strengthening the newly established bullish trend.
Money flow is shifting: with recent crypto legislation, Ethereum is now benefiting even more than Bitcoin, marking a notable change in market dynamics.
📈 Technical Highlights:
✅ Short-term target: $4,800–$5,000 (new all-time highs)
✅ Long-term potential: $7,000–$8,000
🛡️ Key support: $2,800–$3,000 (bullish as long as this holds)
📣 Takeaway:
Ethereum’s trend is firmly bullish. As long as support holds, pullbacks could offer strong entry opportunities for both swing traders and long-term investors.
#Ethereum #ETHUSD #Crypto #Trading #TechnicalAnalysis #CryptoTrading #EthereumPrice #Altcoins #Bullish #Breakout
Money flow is shifting: with recent crypto legislation, Ethereum is now benefiting even more than Bitcoin, marking a notable change in market dynamics.
📈 Technical Highlights:
✅ Short-term target: $4,800–$5,000 (new all-time highs)
✅ Long-term potential: $7,000–$8,000
🛡️ Key support: $2,800–$3,000 (bullish as long as this holds)
📣 Takeaway:
Ethereum’s trend is firmly bullish. As long as support holds, pullbacks could offer strong entry opportunities for both swing traders and long-term investors.
#Ethereum #ETHUSD #Crypto #Trading #TechnicalAnalysis #CryptoTrading #EthereumPrice #Altcoins #Bullish #Breakout
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.