Ethereum Near ATH — Bullish Momentum, Add on Dips
I view Ethereum as fundamentally strong and still in a bullish trend: price is ~5% below the 2021 ATH, up 55% over the last month and 75% over the last year, with large market cap and heavy daily volume.
Short-term retracements are possible (1d -2.3%), so I’m not chasing new positions at current levels; I prefer to add on meaningful dips while holding core exposure for continued upside.
Analysis
Recommendation
I recommend a buy-on-weakness approach: hold core positions, accumulate on meaningful dips, and avoid large-scale buys at current levels to limit downside risk near the ATH.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.