Technical analysis by Traderscope about Symbol ETH: Buy recommendation (2/16/2025)

Ethereum has recently bounced off a key long-term support zone, indicating a potential bullish rally. Despite the ongoing Bitcoin-driven bull run, ETH remains far from its all-time high (ATH), making the current price levels attractive for investors looking to enter the market.📌 Key Technical Insights:✅ Strong rebound on long-term support✅ Potential rally toward $4,000✅ One of the most affordable large-cap cryptos right nowWith the current market setup, ETH presents an interesting risk/reward ratio. I anticipate a profit potential of 49% to 79%, with a holding period ranging from a few weeks to several months.📉 Are you buying the dip or waiting for confirmation? Let me know in the comments! ⬇️