#MyFirstFeedPost Hello, Binance Square.

Ethereum (ETH) Short-Term Outlook

Technical analysis

**Key Levels:**

- **Support:** In the short term, important support is around $3,500. This level has acted as a psychological and technical floor in recent pullbacks.

- **Resistance:** Immediate resistance is near $4,000. Breaking this level could open the door to new highs.

**Moving Averages:**

- **EMA 7 and EMA 25:** A bullish crossover of the EMA 7 above the EMA 25 confirms positive momentum. Currently, if the 7 EMA holds above the 25 EMA, we could see a strengthening of the uptrend.

- **200 EMA:** Price above the 200 EMA indicates a long-term bullish trend. In this case, ETH has been trading consistently above this average, reinforcing the bullish bias.

#### Fundamental Factors

1. **Network Upgrade (Shanghai Upgrade):** The recent upgrade has improved scalability and reduced transaction fees, encouraging greater use of the network. The implementation of "Ethereum 2.0" continues to be a positive catalyst, with improvements in efficiency and security.

2. **Growth of DeFi and NFTs:** Ethereum remains the dominant platform for DeFi and NFT applications. With the continued increase in adoption in these sectors, the demand for ETH to pay transaction fees remains high.

3. **Institutional Adoption:** The growing adoption of ETH by financial institutions and investment funds is providing stability and liquidity. This institutional support is helping to stabilize the price and foster confidence in the ecosystem.