Ethereum on Fire! 🚀
ETH is holding strong at $4,256 after smashing through the $4K mark earlier this month. All eyes now on the next target: $4,500 🔥
💡 Why it’s pumping:
🔹 Institutional demand – Corporate treasuries have scooped up 2M $ETH since June.
🔹 Layer-2 growth – Arbitrum, Optimism & Base hitting record transactions.
🔹 Bullish charts – ETH above all EMAs, MACD & volume confirm strong uptrend.
⚠️ Risk check: RSI at ~81 means we could see a short pullback to $4,100–$4,200 if profit-taking hits.
📊 Key levels:
Resistance: $4,320 – $4,400
Breakout zone: Above $4,320 with volume 💥
Target: $4,500 and beyond
💬 What’s your play? Riding the wave 🌊 or locking profits early?