Auscast Business Channel

We Dive into: Ethereum's $2,000 Hold and Potential Breakout


Listen Later

Ethereum is maintaining a position above $2,000 as institutional interest grows, exemplified by Fidelity and BlackRock's forays into tokenization. Technical analysis suggests a potential bullish surge of approximately 65% by June, driven by historical price patterns and current support levels. Increased accumulation by large Ethereum holders, known as whales, alongside record futures open interest, indicates strengthening conviction in a price increase. Despite a recent price decline, Ethereum dominates the real-world asset tokenization market, and long-term outlooks remain optimistic, with some projections indicating substantial future gains.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Auscast Business ChannelBy Auscast Network


More shows like Auscast Business Channel

View all
STRATEGIKON by Auscast Network

STRATEGIKON

1 Listeners

Psychosynthesis with Janine Barelds by Auscast Network

Psychosynthesis with Janine Barelds

2 Listeners

Hong Kong Confidential by Auscast Network

Hong Kong Confidential

52 Listeners

Apple Slice by Auscast Network

Apple Slice

5 Listeners

I Made This by Auscast Network

I Made This

0 Listeners

Talking Tendons by Auscast Network

Talking Tendons

7 Listeners

Transcending Times with Tony Sayers by Auscast Network

Transcending Times with Tony Sayers

3 Listeners

Psychosynthesis with Janine Barelds by Auscast Network

Psychosynthesis with Janine Barelds

0 Listeners

Blind Insights by Whimsy Productions

Blind Insights

1 Listeners

Auscast Comedy Channel by Auscast Network

Auscast Comedy Channel

0 Listeners