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ETHUSD is trading in a narrow range between $2713 and $2463 for the past two days. It hits an intraday high of $2660 and is currently trading around $2656.
SharpLink Gaming said it would purchase Ethereum (ETH) as its main treasury reserve asset, naming Consensys founder Joseph Lubin as Chairman and indicating a strategic change toward blockchain finance and Web3 integration, which produced a 400% stock price rise and placed Sharp
Overall trend remains bullish as long as support $2300 remains intact. Watch out for $2770, any breach above targets $3000/$3400/$3600/$3800/$4000. A robust bullish trend will only materialize above $4100.
Immediate support is around $2450. Any violation below will drag the price down to $2300/$2000/$1750/$1675/$1620/$1500/$1200/$1000. A breach below $1000 could see Ethereum plummet to $800/$500.
It is good to buy on dips around $2550-55 with SL around $2300 for a TP of $3000/$4000.
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