$ETH
The market is reacting to an important accumulation zone. According to wave and technical analysis:
Bullish Sentiment (Short Term): The breakout above $2,250 has activated automatic buy orders. If ETH manages to close the day above this level, the next psychological target is $2,500.
Correction Risk: Some wave analysts suggest that this could be a "relief bounce" before a deeper correction towards $1,774 if buying volume decreases.
Funding Rates: The indicators show a slight increase in long positions, which means that traders are paying a premium to bet that the price will continue to rise. Beware of a "liquidation of leveraged positions" if the price drops sharply.

ETH
2,010.37
+1.33%