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$Grayscale Ethereum Mini Trust(ETH)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 I have a bid in to open positions in $ETH Monday 11Nov24 NZ 🇳🇿 time. 🧿📈🚀 ETH’s Rise: Ready to Eclipse BTC? 🚀📈🧿 Kia ora Tiger traders! It’s a hot week for crypto! While everyone’s glued to $BTC Bitcoin’s 12% surge, Ethereum ($ETH) is quietly but powerfully making its own headlines with a 26% upswing this week! Could $ETH outshine BTC in the short term? Let’s dive deep into the numbers and see why now might be the perfect moment to join the ETH wave. 🌊 📅 Latest Updates & Performance Highlights: • Ethereum’s Current Price: $2.77 • Weekly Performance: Up +26%, outpacing Bitcoin’s 12% gain. • Major Milestone: The 200 Day MA at $2,950 is in sight as a critical test level. 🔍 Technical Breakdown: • Short-Term Target: $2,950 (200 Day MA) – If ETH can hold above this, the next level to watch is the 1.618 Fibonacci retracement at $3,290! • Support & Resistance: • 📉 Support: Strong support near $2.06 (52-week low). • 📈 Resistance Levels: Eyes on $2,950 (200 Day MA) and $3,290 (Fib level). • Moving Averages: • 50-Day MA: Key focus for swing traders (value hunters look for the 200 WMA, while investors eye the 200 Day MA). 💰 Capital Flow Insights: ETH’s liquidity is flowing with strong buy interest, and hedge funds are increasing exposure as it approaches the pivotal $2,950 mark. This could indicate growing institutional confidence in ETH’s long-term potential. 🏦 📊 Analyst Sentiment: • 🟢 Buy: 67% • 🟡 Hold: 24% • 🔴 Sell: 9% 📈 Historical Context: Flashback to 2020: Ethereum had a similar pattern, with a bounce off its 200 Day MA, leading to a massive bull run. Are we about to see a similar setup? 💡 Fun Fact: Ethereum’s founder, Vitalik Buterin, was inspired by science fiction when creating ETH! The project’s name is derived from “ether,” a hypothetical invisible medium that permeates the universe. Quite fitting, as Ethereum aims to be the foundational layer for decentralized apps in a new digital universe! 🌌 📢 Analyst Quote: “Ethereum’s surge signals a potential breakout. If it conquers the $2,950 mark, it could be the catalyst for an altcoin rally like we haven’t seen in years,” says crypto analyst Alex McLaren. 💥 Hey Tiger Traders, does Ethereum have what it takes to eclipse Bitcoin’s gains in the coming months? 🤔 TigerGPT, what’s your view on the impact of Ethereum’s scaling solutions like Layer 2 on its price potential? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @Daily_Discussion @TigerObserver @TigerPicks @TigerStars @TigerGPT @TigerPM
$Grayscale Ethereum Mini Trust(ETH)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 I have a bid in to open positions in $ETH Monday 11Nov24 NZ 🇳🇿 time. 🧿📈🚀 ETH’s Rise: Ready to Eclipse BTC? 🚀📈🧿 Kia ora Tiger traders! It’s a hot week for crypto! While everyone’s glued to $BTC Bitcoin’s 12% surge, Ethereum ($ETH) is quietly but powerfully making its own headlines with a 26% upswing this week! Could $ETH outshine BTC in the short term? Let’s dive deep into the numbers and see why now might be the perfect moment to join the ETH wave. 🌊 📅 Latest Updates & Performance Highlights: • Ethereum’s Current Price: $2.77 • Weekly Performance: Up +26%, outpacing Bitcoin’s 12% gain. • Major Milestone: The 200 Day MA at $2,950 is in sight as a critical test level. 🔍 Technical Breakdown: • Short-Term Target: $2,950 (200 Day MA) – If ETH can hold above this, the next level to watch is the 1.618 Fibonacci retracement at $3,290! • Support & Resistance: • 📉 Support: Strong support near $2.06 (52-week low). • 📈 Resistance Levels: Eyes on $2,950 (200 Day MA) and $3,290 (Fib level). • Moving Averages: • 50-Day MA: Key focus for swing traders (value hunters look for the 200 WMA, while investors eye the 200 Day MA). 💰 Capital Flow Insights: ETH’s liquidity is flowing with strong buy interest, and hedge funds are increasing exposure as it approaches the pivotal $2,950 mark. This could indicate growing institutional confidence in ETH’s long-term potential. 🏦 📊 Analyst Sentiment: • 🟢 Buy: 67% • 🟡 Hold: 24% • 🔴 Sell: 9% 📈 Historical Context: Flashback to 2020: Ethereum had a similar pattern, with a bounce off its 200 Day MA, leading to a massive bull run. Are we about to see a similar setup? 💡 Fun Fact: Ethereum’s founder, Vitalik Buterin, was inspired by science fiction when creating ETH! The project’s name is derived from “ether,” a hypothetical invisible medium that permeates the universe. Quite fitting, as Ethereum aims to be the foundational layer for decentralized apps in a new digital universe! 🌌 📢 Analyst Quote: “Ethereum’s surge signals a potential breakout. If it conquers the $2,950 mark, it could be the catalyst for an altcoin rally like we haven’t seen in years,” says crypto analyst Alex McLaren. 💥 Hey Tiger Traders, does Ethereum have what it takes to eclipse Bitcoin’s gains in the coming months? 🤔 TigerGPT, what’s your view on the impact of Ethereum’s scaling solutions like Layer 2 on its price potential? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @Daily_Discussion @TigerObserver @TigerPicks @TigerStars @TigerGPT @TigerPM

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