The short-term target for 
ETH is $7231. Once the current resistance level is broken, there's even potential for a parabolic run-up. It's important to note that with 19,595,173 ETH currently TVL, the less circulating supply there is the demand increases, adding upward pressure!
ETH is $7231. Once the current resistance level is broken, there's even potential for a parabolic run-up. It's important to note that with 19,595,173 ETH currently TVL, the less circulating supply there is the demand increases, adding upward pressure!Trade active
Ethereum is experiencing a strong breakout, occurring much earlier than I anticipated. As the market evolves, I believe ETH could eventually reach the $20k-$30k range, especially when Bitcoin hits around $180k. With increasing demand for safe, reliable investments, Ethereum is emerging as a solid choice for investors seeking stability and growth.Trade closed: target reached
ETH is demonstrating impressive strength in its breakout, steadily advancing toward the key target of $7231
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.