author
Jimmy Aki
author
Jimmy Aki
Involve
ETHEREUM ($ ETH) defined $ 200 of $ 2,400 – but traders are watching one major level that can raise the next main step.
The recovery comes after $ ETH has succeeded in a top -rounded top style last week, while providing institutional flows and adopting layer 2 basic support. All eyes are now turning to whether the bulls can restore the resistance area of ​​$ 2600.
Network activity that is unparalleled from ETHEREUM and Category 2
Since its launch in 2014, ETHEREUM has diverted Blockchain technology, where developers have now built most smart contracts and decentralized applications (DAPS) on its network.
Flexible architecture allows the platform innovations. ETHEREUM infrastructure is used to create safe Defi protocols, NFT, and 2 -layer layer solutions. This technological basis continues to attract builders all over the world.
The network remains the leading Blockchain interest and confidence, with the total closed value (TVL) worth $ 62.6 billion, which is 53 % of Defi TVL. This goes beyond competitors such as TON, which is used primarily to transfer Stablecoin and Central Financial Eachina (CEFI), as well as Solana and Avalanche.
ETHEREUM network processes 1.45 million per day Transactions It hosts more than 645,000 active portfolios, indicating strong and consistent use. Pectra promoted more savings efficiency and the expansion of the second layer, enhancing the Long -term ETHEREUM validity.
ETHEREUM hosts the leading Defi platforms in industry, including UISWAP, the largest decentralized exchange; AAVE, pioneering lending protocol; The financing curve, the exchanging decentralization of the dominant stablecoin.
Layer 2 solutions to process high fees and expansion limitations appeared. It includes optimism and definition, which recently exceeded two million daily transactions, as well as ZKSYNC and Starknet.
These solutions provide faster and cheapest transactions while taking advantage of the infrastructure of the existing security in ETHEREM.
The institutions are increasingly adopting the ETHEREUM wardrobe, similar to Bitcoin.
Some important examples include Bit Digital, a company listed on the Nasdaq Stock Exchange that raised $ 163 million to expand ETHEREUM, which now has 24,434.2 ETH. The company turns from bitcoin mining to the infrastructure of Ethereum.
Sharplink Gaming has also become the largest ETHEREUM holder in the world, where 188,478 ETH ($ 457 million) was obtained through aggressive purchase campaigns.
Other public companies, such as BitMine, Bionexus Gene Lab, Ethereum, also adopted as a backup asset, indicating the growing institutional confidence in its long -term value.
ETHEREUM models Top Round: 2,300 dollars collapse targets
The ETHEREUM scheme ($ ETH/$ USDT) serves 30 minutes a clear round formation, is usually interpreted as a declining reverse pattern.
The bow began on June 29, as Ethereum gradually lost an ascending momentum after its climax with a little less than $ 2530.
This slow transition is often from ascending to the Haboodian feelings driven by the interest of the buyer and the fading profits, which leads to a gradual weaker price structure.
The round summit has been completed between June 30 and July 1, and its peak reached a collapse below the neck area near $ 2,470, which holds a red arrow. This collapse indicates a transformation in the marketing of the market from buyers to the sellers, which leads to the rejection of the sharp price and the start of a short -term drop.
The decrease pays $ ETH to its lowest level about $ 2,390, with a substitute for more than 5 % of the highest local level.
Interestingly, after collapse, the graph shows signs of short -term recovery, as buyers intervene at about $ 2,400.
A green candle appears near July 2, indicating a potential relief or a dead cat. However, ETHEREUM did not recover the area between $ 2,470-2600 convincingly, this step may be short-term.
In short, ETHEREUM is a higher collapse of the textbook, and it is advised to be cautious unless the strong recovery invalidates this decreased preparation.
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2025-07-02 16:06:00
