$ETH

has just broken through a resistance level that held strong for 504 days. The next key challenge is the 2021 all-time high from early November, set 1,372 days ago—and it’s increasingly likely this level won’t hold for much longer.

This week marks the first time ETH/USDT is trading freely after surpassing the March and December 2024 highs, a tough resistance zone around $4,100. Back in March 2024, Ethereum fell from that level to $2,111, and on the next try, dropped further to $1,385. But now, with ETH/USDT sitting at $4,725, there’s essentially no significant resistance left ahead.

While the previous all-time high might have some psychological weight, it’s unlikely to stop the strong momentum. We’re targeting $6,000 next, followed by $7,300, and eventually $11,000 as the bigger goal. The days of calling Ethereum “cheap” at $2,400 are over. This market is ultra-bullish, and a new all-time high will likely spark an even sharper rally, lifting smaller altcoins alongside it.

Interestingly, trading volume hasn’t spiked yet, remaining relatively steady since July 2022 except for one surge in April. This actually signals that the strongest momentum is still to come. We still have the full force of the third wave ahead, and ultimately the fifth wave to complete this move.

Bottom line: keep holding. Ethereum’s trajectory is upward, and the best is yet to come. #MarketGreedRising