😱Breaking News! Ethereum Soars to $2100, Can ETF Outflows Hold It Back?🚨
Ethereum (ETH) has made a strong rebound, with prices jumping from $1740 to $1831, a 24-hour increase of 3.34%! Expert Michael van de Poppe predicts that ETH is likely to break through $2100 in the next 1-2 weeks, setting a new recent high!
Upward Momentum:
Key Support Recovered: ETH has reclaimed the $1740-$1837 support zone, with strong buyer enthusiasm.
Clear Target: After breaking resistance, the next stop is directly aiming at $2105, or it could initiate a larger rally.
Slowdown in Trading is Favorable: CryptoQuant data shows that trading volume bubbles are shrinking, making the market more stable and conducive to increases.
Concerns: On May 6, Ethereum ETF saw outflows of $17.9 million, all from Fidelity ETF, which may pressure prices in the short term. However, ETH is incredibly resilient, achieving an all-time high market capitalization! Will it break through $2100? Come check it out!