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ETHUSD: Bouncing back to ATH | 57.50% Probability!

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I'm currently bullish on Ethereum (ETH) due to several key fundamentals aligning with this bias:

1. Upcoming network upgrades: The Ethereum ecosystem is preparing for the Cancun-Deneb upgrade, which is expected to improve network efficiency and scalability.

2. Institutional interest: There's growing interest from institutional investors in Ethereum, potentially driving increased demand and price appreciation.

3. DeFi and NFT growth: The continued expansion of decentralized finance (DeFi) applications and the NFT market on Ethereum contributes to its utility and value proposition.

4. Potential ETF approval: The possibility of Ethereum ETFs being approved could open up new avenues for investment and liquidity.

5.Technical indicators: Recent price action suggests a potential bullish breakout, with support levels holding strong.

To capitalize on this bullish outlook, I'm employing a probability-based approach for entering long positions.


2W:
syot kilat
1H:
57.50% probability, reaching ATH!
syot kilat
Dagangan aktif
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Dagangan ditutup: sasaran tercapai
syot kilat

Penafian

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