$ETH ETHEREUM BREAKOUT IMMINENT?**
Ethereum is currently trading near **$1,775**, displaying strong bullish momentum with multiple confirming signals:
### **Key Indicators:**
✅ Break above major EMAs
✅ Bullish Golden Cross confirmed
✅ Rising whale accumulation & strong on-chain activity
🔥 Over **$317M** in short liquidations possible if ETH surpasses **$1,800**
### **Major Catalysts:**
🚀 **Pectra Upgrade (May 7)** – Expected to enhance scalability & staking rewards
📈 Surging wallet activity – Long-term holders at all-time highs
📊 **Elliott Wave analysis** points to a potential rally toward **$2,478**
### **Critical Levels to Watch:**
🛡️ **Support:** $1,730
🚧 **Resistance:** $1,800 → $2,000 (key breakout zone)
🎯 **Bullish Target:** **$2,500+** if momentum sustains
**Will ETH smash through $2K and retest its all-time high?** 🚀
*(DYOR – Market remains volatile!)*