Ethereum / TetherUS
2025-02-05
Category: None

 Weekly Ethereum Analysis

Hello, greetings and respect to my dear followers,

This is a **simple and clear analysis** of the weekly Ethereum chart, which effectively shows **great buying opportunities**. Based on the **Market Cap** of crypto, we have updated and published this analysis.

Fundamental News:
Last week, the **Ethereum Foundation** announced that it is working on a new project called **EIP-4844 **, aimed at increasing the scalability of the Ethereum network and reducing costs for users. According to **Vitalik Buterin**, the co-founder of Ethereum, this upgrade could help reduce network congestion and allow users to execute transactions more quickly. This news has led to increased optimism among investors and developers in Ethereum, resulting in positive growth in Ethereum's price.

 Chart Description:
* Monthly Liquidity Level**: The monthly liquidity is at **$2,100**.
* Buying Zone**: The weekly buying zone is around **$1,461.95**, where the likelihood of the price reaching these points is very high. 

When the price reaches these areas, we will enter a buy trade by obtaining **Daily Confirmations**.

Position Updates:
I will regularly update the sell positions in the **4-hour timeframe** and **daily**, and I will re-share this analysis in combination with those updates.

Risk Disclosure:
This analysis is intended solely for informational purposes and cannot be considered financial or investment advice. Trading in financial markets carries risks and may result in the loss of your capital. Therefore, before any investment, please conduct necessary research and enter trades with full awareness.

Thank you!

Wishing you all the success!
Fereydoon Bahrami
"A retail trader in the Wall Street trading Center (Forex)."
