🔥 Is Ethereum planning a significant breakout or just a temporary jump? 🧠📈
The price of ETH surged by over +7.7% to reach $2,420+ supported by optimistic sentiment after the Middle East truce, and strong institutional flows into ETF funds.
Despite the exit of $19 million from the BlackRock fund, indicators still suggest increasing institutional demand for the asset.
📊 Quick Technical Analysis:
• Strong Support: $2,220–$2,230
• Critical Resistance: $2,380–$2,448
• A breakout above the $2,400 level with strong trading volume could push the price towards $2,600+
🧩 But... is this the beginning of a new upward wave or a technical trap before a correction?
The market is awaiting the next signal — and ETH is at the center of the action. ⏳⚡
