#ETHMarketWatch 🚀 Ethereum Surges Past $2,700 as Institutional Interest Heats Up! 🚀
The ETH/USDT pair is trading at 2,713.69∗∗(+3.522,713.69∗∗(+3.5227.8B 24H volume surge.
📊 Key Drivers:
- Whale Activity: A **60M25xleveragedlong∗∗bytraderJamesWynntriggeredabriefspiketo60M25xleveragedlong∗∗bytraderJamesWynntriggeredabriefspiketo2,679, signaling bullish institutional sentiment.
- Technical Breakout: ETH cleared the $2,700 resistance, with RSI at 68 (bullish momentum).
- ETF Hype: Spot ETH ETF approvals fuel inflows, with CME futures OI up 10% to $1.8B.
🔥 Levels to Watch:
- Support: $2,650 (liquidation zone for leveraged longs).
- Next Target: $2,800 (Fib 0.618 level).
💡 Pro Tip: Monitor ETH/BTC pairs—SOL/ETH already up 3.2%, hinting at altseason.