ETH TODAY: ALL THE UPDATES IN A SNAP! ๐
๐ $ETH RALLIES HARD!
Ethereum has surged ~64โ65% this month, breaking past the $4,000 level and even briefly topping $4,200!
๐ WHATโS FUELING IT?
Major institutional demand, Layer-2 improvements, Coinbase DEX upgrades, and even bullish momentum from BlackRock are pushing ETHโs narrative forward.
๐ TECHNICALS ARE HOT!
From ascending triangles to RSI sitting at bullish yet โoverboughtโ levels โ the trend is strong. Analyst Crypto Rover sees potential for a breakout toward $8,000 if momentum holds.
๐ฏ MARKET SENTIMENT IS ROARING
Polymarket places the odds of ETH hitting a new all-time high in 2025 at 74%, driven by confidence in institutional flows and regulatory clarity.
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ACTION SUMMARY:
** Price:** Smashing through $4K with clear bullish structure
** Drivers:** Institutions, L2s, DEX upgrades, on-chain momentum
** Technical target:** Eyes on $4,500 โ possibly $8,000
** Mood:** Bullish overwhelmingly (74% all-time-high odds)