Fidelity Ethereum Fund technical analysis: Bullish trends support accumulation

seekingalpha.com

The Fidelity Ethereum Fund (FETH) offers direct, 1:1 exposure to Ethereum's price with a low 0.25% expense ratio. Technical analysis suggests FETH is in a bullish trend, with key support identified between $3,200 and $3,700 for potential accumulation. The fund, launched in 2024, is considered a hold with profit-taking targets near $6,700-$7,200 based on Fibonacci levels.


With a significance score of 1, this news ranks in the top 64% of today's 29817 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Fidelity Ethereum Fund technical analysis: Bullish trends support accumulation | News Minimalist