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Let's analyze today's ETH market:
The 1772 range is a key intraday support level. It's expected to continue its upward trend around the US stock market opening tonight, and stabilizing above 1800 is only a matter of time. Institutional buying and BlackRock's purchase of ETH tokenized assets have significantly boosted confidence in Ethereum. Although there might be minor pullbacks due to short selling by whales in the short term, causing price fluctuations, institutional buying provides solid fundamental support for Ethereum.
Personally, I'm on the bullish side, with a primary target of at least 1800. I will continue to monitor the Bitcoin price movement throughout the day and tonight. My followers are already seeing profits.
$ETH $VELVET