Ethereum / TetherUS
Long
Updated

ETH/USDT

The short-term target for ETH is $7231. Once the current resistance level is broken, there's even potential for a parabolic run-up. It's important to note that with 19,595,173 ETH currently TVL, the less circulating supply there is the demand increases, adding upward pressure!
Trade active
Ethereum is experiencing a strong breakout, occurring much earlier than I anticipated. As the market evolves, I believe ETH could eventually reach the 20k-30k range, especially when Bitcoin hits around 180k. With increasing demand for safe, reliable investments, Ethereum is emerging as a solid choice for investors seeking stability and growth.

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Trade closed: target reached
ETH is demonstrating impressive strength in its breakout, steadily advancing toward the key target of $7231

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