The price of Ethereum ($ETH ) is on the edge! 🤏 It is currently trading near $3900 💸, and everyone is watching... But the bigger story is not in the current price, but in what is coming! 🤫
Analysts have noticed something amazing! 🤯 The current price structure for $ETH is almost a "carbon copy" of what happened in 2020! 🔄 Remember the price explosion that happened back then?
What's the similarity? 🤔
In both instances (2020 and now), the price of Ethereum stopped at a strong resistance level 🧱 after long months of "consolidation" and accumulation... and then... a rocket launch! 📈💥
Let's see the current numbers: 📊
Critical level 🎯: Analysts are keeping an eye on breaking the $4100 level. If $ETH it manages to break and hold above...
Next target? 🤑: Get ready to hear the number $8000! Yes, 8 thousand dollars is the next target according to these analyses.
Whale entry 🐋: This gauge is supported by a massive influx of liquidity! Analysts have spotted institutional purchases worth $250 million recently. The big players are accumulating! 💰
Technical indicators 📈: The Relative Strength Index (RSI) is currently re-testing a very important trendline, which supports the idea of the upcoming rebound.
True, the price dropped 4% over the last 24 hours (with a trading volume of $33.3 billion), but in the crypto world, this is considered "the calm before the storm" 🌪️ and a natural test before a major breakout attempt.
Are you ready for the next wave of Ethereum's rise? 🌊
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