Ethereum (ETH) : Close to a Breakout – Eyes on $2800
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Ethereum (ETH) is inching closer to a potential breakout, with $2800 as the next key level to watch. As BTC’s dominance is currently at a heavy supply zone, there's an increasing chance that ETH could make its move soon. The range-bound behavior of BTC, with $84K marking a potential low, may give ETH the momentum needed to surge towards $2800.
Conclusion and Advice :
Ethereum's bullish momentum is building, and $2800 could be within reach if BTC holds steady. Traders should keep a close eye on market movements, as any break above current resistance could trigger significant upside. Risk management is crucial, so ensure you set stop-loss orders and be ready for potential volatility.
