
Transcript: Hey guys, in this video, I'm going to discuss whether it's a good idea to buy Ethereum right now and where we should buy it. As we can see, Ethereum has been going through a correction, with a 15% decrease. However, it's currently holding up above the 50-day moving average, which is a positive sign. Even if it breaks below this level, I'm confident that the 200-day moving average will provide strong support at around $3,000. Looking at the heat map, we can see that there is a good support level at $3,400, which is one of the main reasons why I'm bullish on Ethereum. Even if the price continues to drop, I recommend waiting until it reaches the 200-day moving average before buying, as this will likely be a good entry point. Additionally, the ETF for Ethereum is set to launch in July, which could have a significant impact on the price. We saw with Bitcoin's ETF launch in January that it caused a 50% increase in price. Considering that Ethereum's market size is only one-third of Bitcoin's, we can expect a similar spike when institutions start investing in Ethereum. Overall, I believe that Ethereum will outperform Bitcoin in the long run, making it a good investment opportunity. But as always, do your own research before making any decisions. Thanks for watching, and happy investing!