$ETH
The ETH/USDT pair is one of the most popular in cryptocurrency trading due to Ethereum's high liquidity and stability.
Forecasts for 2024:
1. Fundamental factors:
• Growth expected due to increased use of Ethereum in DeFi, NFT and decentralized applications.
• Completion of network scaling (Danksharding) can lower fees and increase interest.
2. Technical analysis:
• If the overall market is "bullish", ETH could go above $2,500-$3,500.
• In case of corrections, support is possible in the area of $1,500–$2,000.
3. Risks:
• Regulatory pressure, competition with other blockchains (Solana, Avalanche).
• Volatility due to dependence on Bitcoin.
Diversify your risks and stay tuned for Ethereum updates!