ETHUSD hits fresh year high following the footsteps of BTC. It hit a high of $3745 yesterday and is currently trading around $3731.
The upcoming Dencun upgrade on Mar 13th, 2024 on Main Net supports ETH at lower levels.
The intraday bullishness is possible if it holds above $3750. On the higher side, the near-term resistance is $3750. Any significant jump above the target of $4000/$4350/$4800. Significant bullish continuation only above $4800.
The immediate support is around $3580. Any intraday break below will drag the pair to $3500/$3370/$3300/$3200. Any breach below $3200 confirms bearish continuation. A dip to $3080/$3000 is possible. A violation below $2700 will drag the Ethereum to $2500/$2300.
It is good to buy on dips around $3600 with SL around $3450 for TP of $4000.


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks
Solana at a Crossroads: Triple Bottom Support Offers Lifeline for SOL Bulls
Ethereum Resilience: Institutional Inflows Counter Whale Caution Amid Global Tensions
Ethereum (ETH) has success
Ethereum Stays Resilient: ETHUSD Follows Bitcoin's Lead Above USD 2,300
FxWirePro: GBP/USD dips as strong U.S. data boosts greenback
Bitcoin Smashes Resistance: BTC Eyes 80,000 USD Milestone as ETF Inflows Surge
AUD/USD firms slightly ahead US-Iran Peace talks
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether 



