Ethereum confirms a trend change after an unprecedented rise
This week, the crypto market has experienced significant upheavals. Bitcoin exploded, reaching a new all-time high of over $110,000. This record captured all the attention. However, in the shadow of this giant, Ethereum also regained momentum. Despite showing returns far from its previous peaks, the second-largest cryptocurrency in the world showed strong signs of an imminent awakening. Its evolution now raises many questions about its future in this ever-changing universe.
In summary
Ethereum has surpassed a 50% increase from $1,800 to $2,700 recently.
The Pectra update significantly improves the efficiency and scalability of Ethereum.
The RSI and MACD indicators confirm a strong and lasting bullish trend.
The Elliott Wave theory predicts an upward movement that could reach up to $3,000.
