Is Now a Good Time to Invest in Ethereum? Analyst Views Suggest Potential

Ethereum’s price is currently hovering near crucial support levels that some analysts see as favorable for long-term investors. Traders are closely monitoring the asset’s performance around these key zones as trading volumes remain relatively steady. 0.0325 BTC on the ETH/BTC pair, aligning with the 20-week moving average, is currently acting as a strong support level. Analyst Michaël van de Poppe highlighted this zone as ideal for buying, stating that Ethereum is in a solid position for portfolio allocation.