$ETH new pump. Time to break ATH
ETH has surged 45.3% in 30 days, outperforming Bitcoin (+11.4%) and many other altcoins. The 25.6% gain in 7 days shows strong momentum, reinforced by surging ETF inflows and increased layer-2 activity (e.g. Arbitrum, Optimism).
24-hour trading volume of $34.73 billion shows high liquidity, reflecting strong interest from both retail and institutional investors.
✨Technical analysis:
- Support: The $3,500-$3,600 zone is strong support, where ETH bounced after a short-term correction.
- Resistance: The $4,000-$4,200 zone is important resistance. If broken, ETH could head towards $5,000 in Q4 2025.
- RSI: ETH’s 7-day RSI is currently at ~70, indicating that it is nearing overbought territory but still has room to grow if market sentiment is positive.
- MACD: The MACD line is crossing above the signal line, confirming a short-term uptrend.
Ps: This is not investment advice. Do your own research.