📈 Ethereum Price Surge: $3,460 ➡️ $3,628 — What’s Next?
Ethereum (ETH) has shown a strong upward momentum, rising from $3,460 to $3,628, marking another significant step in its bullish journey. This $168 increase within a short window highlights growing investor confidence, increased network activity, and the market’s anticipation of ETH’s next breakout.
🔍 Market Behavior & Upcoming Scenario:
Bullish Sentiment: The current price action suggests accumulation by whales and institutional interest. Technical indicators are pointing toward a continuation of the uptrend.
Short-Term Projection: If ETH sustains above the $3,600 level, it could target $3,700–$3,850 next, especially if Bitcoin remains stable or moves higher.
Key Resistance Ahead: Watch closely near the $3,750–$3,800 zone, where selling pressure might emerge.
On-Chain Indicators: Increasing staking activity and declining exchange reserves indicate a holding pattern, supporting further upside.
🧠 Pro Insight:
A consolidation above $3,600 could act as a launchpad for Ethereum’s rally toward the $4,000 mark. However, macroeconomic factors and BTC dominance will play a vital role in defining the pace of this movement.
Stay alert. The market is heating up.