Increased from 4% to over 7%!!
#Ethereum is stronger today than in a long time:
- The price surpassed **$4,000 and reached a peak not seen since December 2021**, in a strong upward move driven widely.
- The activation of the short squeeze removed more than **$183 million from short positions**, rapidly increasing momentum.
- Institutional support from massive ETF deals (like BlackRock and Fidelity) is pushing for further gains.
- Breaking the descending accumulation pattern opens the doors towards **$4,700 – $5,000** in the coming weeks, especially if demand continues and supply decreases.
Are we starting a journey towards a new ATH?
Or will the market take a breather for a correction before continuing?
