$ETH
๐ Ethereum Breaks $3,000 for the First Time in 2025! Is $4,000 Next?
โ Current Price: $3,020.86...
๐ April Low: $1,794..
๐ Recovery Fueled By:
Bitcoin ATH above $118K...
Trump's pro-crypto stance..
Dollar weakness (DXY down 10.1% YTD)...
Rate cut speculation (300bps!)..
๐ฅ $243M ETH liquidations sparked a massive short squeeze, pushing ETH through major resistance.
๐ Technical Setup:
Broke out of long-term descending channel..
Cleared Ichimoku cloud resistance...
Key support now: $2,950โ$3,050...
Targets: $3,600 โ $4,200 โ $4,800...
๐ฆ Institutions Are Buying:
$15B BTC ETF inflows since April...
Over $1B allocated to crypto treasuries just this week...
Trump-era policies fuel optimism (crypto reserve plan + friendly appointments)...
๐ฎ Analysts call this โthe beginning of ETHโs parabolic phaseโ..