ETH Bull Run Pauses: A Strategic Entry Point?
Ethereum (ETH) enjoyed a strong month fueled by ETF anticipation.
However, the rally seems to be losing momentum. While the exact timing and potential volume of the ETF launch remain uncertain, some speculate it might be less impactful than initially expected.
From a technical standpoint, the daily Stoch RSI suggests there's room for a slight pullback.
Here's the opportunity: These potential dips, particularly around $3,700, $3,500, and $3,250, could present attractive entry points for a Dollar-Cost Averaging (DCA) strategy. This approach allows accumulating ETH gradually over time, potentially mitigating the risk of buying at the absolute peak.
Overall, despite the short-term pause, the long-term outlook for ETH remains bullish. These lower price points could be strategic opportunities to build a position in anticipation of future growth.