Ethereum is on the rise! Can it go up further?

Nothing seems to be able to stop Ethereum now; it has already broken through the major resistance level of 2800 in the consolidation zone, reaching 2880 today. This is a very strong signal.

Of course, after such a rise, it may pull back a bit, and at that time, you should jump in directly; the strategy of buying on dips remains unchanged.

Ethereum will hold its annual developer conference on November 12, which we have been notifying about multiple times a month in advance. This will be a hot topic in the upcoming week, and if you missed the opportunity at 2400, you need to seize the next one. This wave of interest is expected to last until November 12, and hopefully, it can reach 3000 or even higher.

Additionally, there will be a Federal Reserve interest rate cut at 3 AM today, which should be a nice stimulus.