A significant event has occurred in the Ethereum $ETH market: a long position valued at $124,000 was liquidated at a price of $3,366.95 per ETH.
Support and Resistance Levels:
Support Levels:
$3,272.62
$3,227.00
$3,146.73
Resistance Levels:
$3,398.51
$3,478.78
$3,524.40
Market Outlook:
Analysts have varying predictions for Ethereum's future price movements.
Some forecasts suggest that $ETH could reach approximately $4,496 by 2030, indicating potential growth.
Recommendation:
...Given the current market conditions and the proximity to key support levels, it may be prudent to hold existing positions and monitor the market closely.
..Entering new positions should be approached with caution until a clear trend emerges.
*Disclaimer:
..This information is for educational purposes only and should not be considered financial advice.
..Always conduct your own research before making investment decisions.