💎 ETH (Ethereum) Currency Analysis
Ethereum (ETH) is the second largest cryptocurrency after Bitcoin and is used to run smart contracts and decentralized applications (DeFi and NFT).
📊 Fundamental Analysis
The network is strong and widely used in decentralized finance.
After the transition to Proof of Stake, it has become less energy-consuming.
Any new developments or ETF approvals significantly impact the price.
📈 Technical Analysis (General)
The long-term trend depends on Bitcoin's movement.
Strong support areas are usually at major corrections.
Breaking previous peaks gives a positive signal for continued upward movement.
⚠️ Risks
Market volatility is high.
Competition from networks like Solana and BNB Chain.
News of government regulations.