#ETH5kNext? – why it's trending 🚀
📈 According to Cointelegraph, data from ETH futures markets have strengthened, suggesting that professional traders see room for greater leverage if Ethereum convincingly surpasses $4,000 USD, keeping the possibility of a rally towards $5,000 USD alive.
💡 According to analysts from FX Leaders, the recent breakout of Ethereum above key resistance levels has been driven by strong institutional demand. They mention that over 1 million ETH were acquired by "whales" and corporate entities, reflecting high confidence in its growth potential.
📣 As discussed in Binance Square, the hashtag #ETH5kNext? groups the bullish sentiment of the community. Traders are sharing technical analyses showing bullish continuation patterns and establishing the $4,800 USD zone (its previous all-time high) as the last major hurdle before $5,000 USD.
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⚠️ Remember that each person makes their own investment decisions, and this content does not represent financial advice.
