Ethereum is on fire right nowâand the numbers donât lie. At $3,748.85, $ETH is up 7.8% in 24 hours and a massive 21% over the past week, leaving traders buzzing about whatâs next.
This rally isnât just hype. ETH recently smashed through the $3,600 resistance, thanks to strong buying pressure and some serious whale action (one transaction alone moved 47,121 ETH đ). Even bigger? ETFs are pulling in $720M daily, outpacing Bitcoin, while futures open interest has ballooned to $52.1Bâclear signs that institutions are going all-in.
On the tech side, upgrades like EIP-4844 and Layer 2 scaling are making Ethereum faster and cheaper, while the GENIUS Act is giving regulatory clarity that could be game-changing.
But hereâs the big question: can ETH blast past the $4,000 psychological barrier? RSI is hovering around 78, hinting at a possible cooldownâbut with a long-short ratio of 45:1, bulls are clearly in control.
đ„ If ETH holds above $3,600, a run to $20K in the long term isnât off the table. But donât forget, volatility is king in crypto.
đ What do YOU think? Is Ethereum ready for liftoff, or will $4K hold it back? Drop your thoughts in the comments!
#ETHBreaks3700 #StablecoinLaw #StrategyBTCPurchase #CryptoMarket4T #ETHđ„đ„đ„đ„đ„đ„
