Should I invest in Ethereum?

[David]

Is the 0.3% increase in Ethereum's price sustainable over the long term, or is it just temporary? Should I wait for some time to invest in it?

[Mark]

Ethereum's price going up by 0.3% is probably just a small change that won't last long. It's just a short-term change. If you want to invest in Ethereum for the long run, you should do so. Waiting for such a small change might not be the best idea.

For investment, you could try dollar-cost averaging (DCA). This means putting some fixed amount of money into Ethereum on a daily or monthly basis, no matter what the price is. In the long run, this helps you average out your buy price, which lessens the effect of short-term price changes.

For short-term trading, technical analysis tools like moving averages, support/resistance levels, and trading volume can be helpful. However, short-term cryptocurrency trading carries significant risk. Invest cautiously.