Ethereum is showing signs of a strong comeback.** After bouncing 32% from its April low of $1,400, a *golden cross* has appeared on the 3-day chart—a classic signal that a major uptrend could be starting. Big investors (whales) are buying ETH between $1,600–$1,700, often a sign of coming price surges.
If Ethereum breaks past the $1,960 resistance, it could rally up to $2,520 (a 40% jump). But if momentum weakens, it might fall back to $1,400—or even drop to $1,050. Right now, momentum and RSI are turning bullish, suggesting the market could favor a rise.
**Summary:**
- Golden cross = bullish signal
- Whales buying = positive sentiment
- If ETH breaks $1,960 → target $2,520
- If it drops below $1,400 → risk of fall to $1,050
$ETH 👇🏻
