🚀 Ethereum Today: Is it Outpacing Everyone in the Bull Run? 🔥
Ethereum (ETH) is currently trading around $2,580 after consolidating at support of $2,500 and testing resistance at $2,600 📊.
News: Institutions continue to pump liquidity into ETH funds with a rise of $296 million last week, amid expectations for the launch of new products based on smart contracts.
⚡️Support: $2,500 (politically and technically stable).
⚡️Resistance: $2,600 (breaking it paves the way for a rise towards $2,800–$3,000).
Technical indicators show a Golden Cross and RSI at 68, which boosts traders' confidence in an imminent rise 🚀.
If ETH breaks the $2,600 level, we expect a buying wave that pushes it to the psychological mark of $3,000 by the end of the month! 😉
