#ETHUSD represents the trading pair of Ethereum against the US Dollar
Ethereum is the second-largest cryptocurrency by market capitalization after Bitcoin.
It powers smart contracts and decentralized applications (dApps) on its blockchain network.
ETHUSD is widely traded by investors, day traders, and long-term holders.
The price often reacts to market sentiment, Bitcoin movements, and network upgrades.
Major Ethereum upgrades and ETF news can significantly impact volatility.
Traders use candlestick charts to analyze price trends, support, and resistance levels. ❶
