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Welcome to Explain The Charts! Today, March 08, 2025, we're diving deep into Ethereum (ETHUSD), combining the latest news with technical chart analysis to provide you with a comprehensive market outlook. We'll dissect recent events, including Trump's administration and the strategic Bitcoin reserve announcement, and examine their potential impact on Ethereum's price. We'll also be discussing the Ethereum options expiry today, and the Pectra upgrade, and other news from Cointelegraph, Forbes, and more. Get ready for an in-depth exploration of ETHUSD, covering key price levels, trends, and potential trading strategies. Whether you're a seasoned trader or just starting, this video is designed to equip you with the knowledge to make informed decisions in the volatile crypto market. We'll break down the charts, identify support and resistance areas, and discuss potential bullish and bearish scenarios for ETHUSD in the short and long term. The charts shown are provided by TradingView. This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.