Ethereum: Watch for Breakout or Buy on Weakness
I view Ethereum as a core crypto holding with meaningful long-term utility from smart contracts, DeFi and the EVM ecosystem, but its near-term price action is tied to macro liquidity and staking dynamics.
Recent protocol upgrades lowered issuance, which is constructive, yet staking unlock schedules and discretionary macro risk can keep the market rangebound.
I’m monitoring on-chain activity and volume: I’d prefer to add on clear breakouts or on weakness to defined support levels rather than chase rallies now.
Analysis
Recommendation
Watch the market: favor buying on weakness to structural support or scaling in after a high-volume breakout; otherwise maintain core exposure and avoid chasing short-term rallies.
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.