Daily Ethereum Comments

[badsha0016]

This indicates the first stages of a strong resistance point test. Arthur Hayes' optimistic forecast and the prediction that the price could rise to $110,000 in the future are linked to the Fed's potential easing policies. However, the $927 million transaction from the Mt. Gox wallet requires a careful approach; because such large transfers are likely to create volatility in price movements. It may be important to review your own risk management strategy among the currently fluctuating support levels and focus on creating opportunities by viewing volatility as an advantage.

Ethereum has moved between $2,044 and $2,096 in the last 24 hours. Positive phone number list technical indicators and whales withdrawing large amounts of ETH from exchanges may be a sign of long-term confidence. However, Ethereum's falling transaction fees and slowing general usage are putting pressure on the price. The potential to test the $2,200 resistance zone in the near term is on the agenda. If this level is broken, it is estimated that the price could enter an expansion process towards the $4,000 targets in the long term. While focusing on Ethereum, you can clearly plan your decisions by closely following short-term support levels and macroeconomic trends. The price's current movement at support levels may create a suitable environment for strategic entry points.