Ethereum breaks through the 1700 mark! Aiming for 2000 dollars, is the bull market quietly igniting?
ETH explodes again! After stabilizing at 1650 dollars, Ethereum surged forward, strongly breaking through the 1700 dollar resistance, and is now approaching the key level of 1800 dollars. The technical aspects have broken through several bullish patterns, and market sentiment is rapidly warming up, with the smell of a bull market becoming more pronounced!
Currently, ETH is above the 100-hour moving average, with bulls dominating the trend. If it successfully breaks through the 1800-1820 dollar resistance, the next stop could be heading straight for 1950 or even 2000 dollars! Conversely, if it encounters resistance, watch for support at 1710 and 1685 dollars, and if it loses those levels, it may retest 1620.