๐๏ธ ETH ETF Approval Speculation continues to fuel bullish sentiment. Institutional interest is rising, with BlackRock and Fidelity reportedly preparing for ETH-related products.
๐ Ethereum 2.0 Progress: With the Shanghai and Dencun upgrades behind us, staking continues to grow steadily, enhancing network security and participation.
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๐ Technical Analysis:
Current Price: $3,180
Support Zones: $3,000 โ $2,850
Resistance Levels: $3,400 โ $3,600
๐ Trend: ETH is in a short-term uptrend after bouncing from the $2,900 level. A break above $3,400 could signal a move toward $3,600+.
RSI: 61 โ Neutral-Bullish
MACD: Gaining upward momentum
200 EMA: Acting as dynamic support
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๐ฎ Forecast & Strategy:
If ETH breaks and sustains above $3,400, expect a potential rally to $3,800.
Watch BTC dominance and macroeconomic factors (interest rate decisions, CPI data) โ they heavily influence ETH's momentum.
๐ก๏ธ Note: ETH remains a long-term bet on decentralized finance, Web3 infrastructure, and smart contracts.
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๐ข Research Insight:
๐งพ A16z and ARK Invest continue to support Ethereum-based infrastructure, hinting at long-term confidence.
๐ผ DeFi TVL on Ethereum is gradually increasing, showing recovery signs in user activity and locked value.
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๐ฌ What's your ETH target for June 2025? Letโs discuss. โฌ๏ธ
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๐ Ethereum (ETH) Analysis & Research Update โ May 29, 2025
๐ #ETH CryptoAnalysis #Ethereum Altcoins
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๐ง Fundamental Update:
๐๏ธ ETH ETF Approval Speculation continues to fuel bullish sentiment. Institutional interest is rising, with BlackRock and Fidelity reportedly preparing for ETH-related products.
๐ Ethereum 2.0 Progress: With the Shanghai and Dencun upgrades behind us, staking continues to grow steadily, enhancing network security and participation.
---
๐ Technical Analysis:
Current Price: $3,180
Support Zones: $3,000 โ $2,850
Resistance Levels: $3,400 โ $3,600
๐ Trend: ETH is in a short-term uptrend after bouncing from the $2,900 level. A break above $3,400 could signal a move toward $3,600+.
RSI: 61 โ Neutral-Bullish
MACD: Gaining upward momentum
200 EMA: Acting as dynamic support
---
๐ฎ Forecast & Strategy:
If ETH breaks and sustains above $3,400, expect a potential rally to $3,800.
Watch BTC dominance and macroeconomic factors (interest rate decisions, CPI data) โ they heavily influence ETH's momentum.
๐ก๏ธ Note: ETH remains a long-term bet on decentralized finance, Web3 infrastructure, and smart contracts.
---
๐ข Research Insight:
๐งพ A16z and ARK Invest continue to support Ethereum-based infrastructure, hinting at long-term confidence.
๐ผ DeFi TVL on Ethereum is gradually increasing, showing recovery signs in user activity and locked value.
---
๐ฌ What's your ETH target for June 2025?
Letโs discuss. โฌ๏ธ
#ETH EthereumAnalysis #CryptoResearch CryptoNews #AltcoinSeason