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$ETH in "Promotion"? It's time to look at the Fundamentals! 🚀
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While many panic at the red chart, strategic investors see a window of opportunity. Ethereum (
$ETH ) has just touched the support zone of $2,800, a level that historically attracts large buyers (the famous "whales").
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Why consider buying now?
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Value Region: With the price at $2,820, ETH is at a "discount" of almost 15% compared to last week. Buying at support is rule number 1 for good risk management.
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Oversold: The current downward movement seems stretched. Often, after sharp drops without a change in the network's fundamentals, we see a technical "rebound" towards the moving averages ($2,970 - $3,130).
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DCA is King: For those focusing on the long term, this is the ideal scenario for DCA (Dollar Cost Averaging). Accumulating fractions of ETH at these levels reduces your average price and boosts profits in the next upward leg.
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Resilient Ecosystem: Remember: Ethereum remains the king of Smart Contracts, Layer 2s, and DeFi. The intrinsic value of the network has not fallen 14%, only the market price.
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🛡️ Entry Strategy:
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Entry Point: Current region ($2,780 - $2,830).
Short-term Targets: $2,940 and $3,130.
Outlook: Long term.
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"The financial market is a device for transferring money from the impatient to the patient." – Warren Buffett.
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And you, will you just watch or take advantage of the discount? Comment below: Are you accumulating or waiting for it to drop more? 👇
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#Ethereum #BuyTheDip #ETH #CryptoOpportunity #Binance