Ethereum Fundamental Analysis
Price and Market Sentiment Analysis
The current price of Ethereum is hovering around $2500, which represents a significant decline compared to the nearly $5000 highs of the last bull market.
This price level presents a good opportunity for long-term investors, as they can continuously invest in a dollar-cost averaging (DCA) strategy at a low price.
ETF Effect Analysis
After the launch of the spot ETF, the price of Ethereum did not immediately experience a positive impact and even showed a certain degree of decline. However, we should not overlook its long-term effects.
In the long run, once Ethereum begins a significant upward trend, the spot ETF could very well become a key catalyst for driving its price higher.
Mainstream Financial Recognition Discussion
Although new chains like Solana and Sui have attracted some attention, traditional financial institutions (such as JP Morgan) still regard Ethereum as the preferred choice for blockchain infrastructure, highlighting Ethereum's solid position in the industry.
Technical Analysis
Upward Structure Interpretation
Currently, Ethereum is in a sideways consolidation state, but it is gradually showing a trend of “higher highs” and “higher lows,” indicating that it is in a slow upward structure.
Key Level Analysis
From a technical perspective, if the daily price can maintain above $2430, Ethereum is likely to continue its upward trend. The subsequent resistance levels are $2800 and $3600; if these key levels can be broken, it will release a significant signal for Ethereum's upward trend.
