🔥 $ETH Reclaims $3,900 — Bullish Momentum Returns?
After weeks of sideways consolidation, Ethereum has reclaimed the critical $3,900 level, up 3.6% in the last 24 hours, backed by strong spot and futures volume.
🔍 What’s Behind the Move?
📈 Whales accumulated over 18,000 ETH in the past 72 hours
📰 Growing optimism around a potential Spot ETH ETF approval
🔄 Increased activity across L2s (Arbitrum, Optimism) driving gas fees higher — a positive revenue indicator
This move breaks ETH out of its previous range between $3,720–$3,880, with analysts now targeting the psychological $4,000 mark as the next battleground.
💡 With BTC cooling near $118K, ETH may take the lead as altcoin rotation begins.
📣 Are you positioned for ETH’s next leg, or waiting for a retest?
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Posted by @jutt9081
Sharing real-time $BTC insights, price levels, and crypto trends
