🚨 ETH Explosion or Crash Incoming? 🚨
Ethereum ($ETH) is at a make-or-break moment. After blasting past $4,000 for the first time since December, the big question is:
💥 Are we heading for $7,000 … or about to face a nasty drop?
🔥 Bulls in the Driver’s Seat
ETH just broke out of a mega multi-year chart pattern, shooting up to $4,329 last week.
✅ Price is up 19% in 7 days
✅ 190% gains so far in 2025
✅ Trading above all major moving averages
✅ MACD is flashing green
Analysts say if this momentum keeps up, $7,000 is on the table — just 62% away. We’re already only 12% below all-time highs! 🚀
⚠ The Danger Zones
Data from CoinGlass shows big liquidation zones at:
🔹 $4,200–$4,300
🔹 $4,400–$4,500
If ETH loses steam, support sits around $4,100–$4,150. Falling below that could cause a fast, sharp drop.
🏦 Institutions Are Loading Up
Ethereum ETFs just saw a record $1B in one day — the biggest inflow since launch. Big money is finally jumping in. But… short-term traders are taking profits faster than long-term holders. This means a pullback isn’t off the table.
📅 What’s Next?
This week’s U.S. economic data is key:
📌 CPI (Tuesday)
📌 PPI (Thursday)
📌 Retail Sales (Friday)
If inflation cools and the Fed hints at rate cuts, crypto could go full send. But watch out — Bitcoin has a CME gap at $117.2K. If BTC dips to fill it, ETH could follow.
💬 Your Move: Will we see $7K ETH … or a correction first?