đ $ETH Breakout Watch!
Ethereum just erupted past $2,700 with a +6.59% daily move. Are we witnessing the beginning of the altcoin supercycle?
đ° Price Now: $2,737.60
đ 24h High: $2,798.76
đĄ 24h Low: $2,566.03
đ” 24h Volume (USDT): $2.89B
đ Order Book:
Bulls: 20.60%
Bears: 79.40% (đ Could fuel a short squeeze?)
⥠Chart Snapshot (1H):
$ETH broke clean above resistance with a textbook bullish engulfing candle, spiking to $2,798 before cooling off. Price is now consolidatingânext leg loading?
đ§ Macro View:
7D: +7.39%
30D: +11.23%
90D: +43.78%
180D: -27.22%
1Y: -26.00%
đ Long-term holders may still be underwater, but momentum is building.
𧩠Narrative Rotation:
With Bitcoin dominance cooling off, $ETH could lead the next phaseâespecially with Layer 2 activity booming and ETF talks in the wind. đŹ
𧚠Eyes on Resistance:
$2,800 is the key breaker. Flip that, and ETH could aim for $2,900â$3,000 short-term.
đź Is this the Ethereum Revival Arc? Or just another bull trap?