#ETHRally Ethereum is approaching a breakout of its all-time high, as it is currently trading less than 10% below its previous peak. Institutional interest in the currency is noticeably increasing, as seen from the rise in ETH holdings in exchange-traded funds and various investment products. A successful breakthrough above the current resistance level could open the door to a large wave of short position liquidations, which could quickly boost the upward momentum.
📈 The question that traders are asking today: Are we at the beginning of what is known as "flipping," where Ethereum outperforms Bitcoin in terms of performance metrics and market capitalization? Could the market see a sharp pullback before we witness new stable peaks?
💬 Share your predictions about the future of Ethereum and whether you believe this time will mark a true start to new historical levels.
👉 Don't forget to complete your daily tasks in the task center on the Binance app to earn Binance points
