Ethereum: Watch for Breakout or Controlled Pullback
I’m cautiously optimistic about Ethereum. The network’s strong ecosystem, ongoing Layer 2 adoption and PoS fundamentals support long-term value, but price action remains driven by macro volatility and fluctuating on‑chain flows.
I’ll be watching key support and resistance levels, staking flows and active addresses for conviction. I’m not committing fresh capital until I see a clear breakout or a disciplined pullback that reduces systemic risk.
Analysis
Recommendation
Watch the market: hold existing positions with risk controls, avoid new large entries now, and consider buying only on confirmed breakout or a clear, low‑volatility pullback.
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.