#ETHBreaks2k Ethereum’s Rally: Is It a Temporary High or a Trap?

I'm seeing a lot of hype around Ethereum’s recent surge, and it definitely grabbed the market's attention. $ETH shot up quickly, and many are already convinced that the bottom is in, thinking a major breakout is on the horizon. But before jumping to conclusions, let’s take a closer look.

From a broader perspective, this rally might just be a temporary push. Over the next week, we could see the price retrace back to where it started. On the weekly chart, I’ve noticed declining trading volume, which suggests that big players are pulling funds out instead of building positions. While retail traders are holding on with hopes of $ETH soaring past $2,600, the reality is different.

Without a proper consolidation phase—where Ethereum moves sideways, corrects, and resets over two to three months—the market is unlikely to sustain any real rally. Even if $ETH breaks above $2,100, it could just be the last push before a cooldown.

I’m taking a more cautious approach here. The ideal buy zone for me lies between $1,800 and $1,600, with gradual accumulation around $1,950 being an option. Right now, chasing the highs blindly feels risky. Patience is key—I believe waiting for a more solid setup will pay off in the long run. Impulsive buying could lead to losses in Ethereum's current conditions.

Stay patient, stay smart.

ETH

2,000.18

-1.47%

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