$ETH $ETH đ Ethereum (ETH) Analysis: Sideways Movement and Potential Upside
**Overview:** Since April 13th, Ethereum (ETH) has been trading sideways between $2852 and $3278.
**Recent Movement:** Ethereum recently dipped into the lower end of this range, hitting a low of $2817, before bouncing back up, indicating a strong reversal.
**Current Focus:** The current focus is on continuing the upward trend, possibly with some minor pullbacks along the way.
**Potential Scenario:** A deeper decline below $2852 could bring it down to around $2600, but that scenario seems unlikely for now.
**Medium-Term Target:** Our target for the medium term is to see Ethereum break above $3700.
*Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.*#altcoins #eth⏠#ai #BlackRock #MicroStrategy