ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
ETHUSDT running in positive trend and its immediate strong support area are 3346 to 3578 level . Stop loss is 3250 level and it can rise above 4100 level to in form of wave c or wave 3 . Intraday purpose buying is better for targets 3720, 3740 and 3760 levels respectively with stop loss 3250 level.
QUICK FUNDAMENTAL LOOK
Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a critical metric reflecting sentiment in the futures market.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .