Where Is Ethereum Headed Next?
Ethereum’s price action has been holding firm within a key support zone, demonstrating resilience despite broader market uncertainties.
However, a break below this critical support level—which aligns with the top ascending trendline—could signal further downside potential.
Technical Outlook:
If macroeconomic and fundamental pressures continue to weigh on the crypto market, Ethereum may lose its current support, potentially leading to a decline toward $2,500 and possibly even $2,200.
From an investment perspective, I plan to accumulate ETH gradually using a dollar-cost averaging (DCA) strategy around the $2,200 zone. A further drop to $1,500 would present a significant long-term buying opportunity at a discounted level.
What are your thoughts on ETH’s next move?
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