For Ethereum, I believe the approximate targets could be 10k-20k based on Coinbase orders and the 1.618 Fibonacci level. I think greater growth might come from Ethereum's L2 solutions, specifically Arbitrum, Optimism, and zkSync.
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During Donald Trump's speech at the Bitcoin Conference 2024, the prices of all cryptocurrencies were driven down exactly to the zones of high leverage liquidations.
Now, I think it's time for Ethereum to grow more actively.
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I closed speculative positions on futures, as there is a chance of a crash and stop-loss hunting. For example, Ethereum could drop to $3,000...
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I continue to hold my short position on Ethereum with the same targets of around $3,000. Once we reach these levels, I will form a 100% spot portfolio for buying altcoins.
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Hello everyone! If you've been holding a short position on Ethereum, I think it's a good time to close it and try buying Ape and Aevo with a tight stop loss (they have started to perform well against Bitcoin). Ethereum's price might move up to $3,400.