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๐ Ethereum & Crypto Market Update
Ethereum ($ETH โ is showing strength above $3,000, with bullish signals from whales accumulating and network upgrades boosting scalability. Major updates like Fusaka enhance throughput and reduce costs, making Ethereum more appealing for institutional investors.
Market Pulse:
ETH is stabilizing as Bitcoin consolidates.
Institutional demand is rising via ETFs and staking, tightening circulating supply.
Macro trends (interest rates, tech earnings) continue influencing short-term moves.
Key Levels:
Support: $3,000
Resistance: $3,200โ$3,500
Outlook:
Bullish: Break above resistance could trigger new rallies.
Bearish: Drop below support may lead to corrections.
Neutral: Consolidation likely if macro sentiment stays mixed.
Ethereum remains a core player in DeFi, smart contracts, and Layer-2 ecosystems, with real-world adoption driving long-term growth.
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