🚀 Ethereum in a thrilling upward movement
The price has strongly rebounded from $2,584 towards $4,500+, driven by high trading volume and the re-entry of large investors.
We are watching the breakout of the resistance range $2,645–$2,700 as a potential signal for further upward movement.
Over the past week, we witnessed an increase of about 9% with a peak at $4,716, while recently maintaining the new high around $4,954.
Despite the slight pullback, the fundamentals are in favor of ETH: continued institutional inflow and corporate interest, especially after news of companies like ETHZilla purchasing ETH in significant amounts.
What do you think? Do you expect the upward trend to continue or a correction towards a pullback?
#EHT4500Next $ETH
ETHUSDT
Perp.
2,736.9
-6.60%
$BTC
BTC
82,978.46
-5.73%
$BNB
BNBUSDT
Perp.
849.16
-4.62%