olivia 2304
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🚀 **\$ETH ETH Breaks Longstanding Resistance — Eyes on New Highs!**
Ethereum has just shattered a **504-day resistance**, and the next major challenge is its **2021 all-time high**, set **1,372 days ago**. Momentum suggests this level won’t hold for long.
This week marks the first time **ETH/USDT** is trading freely above the **March and December 2024 highs (\~\$4,100)**. Previously, attempts to hold this zone led to drops—down to **\$2,111** in March 2024, then **\$1,385**. Now, with Ethereum at **\$4,725**, there’s virtually **no significant resistance ahead**.
While the old all-time high might have some psychological effect, it’s unlikely to stop the rally. Targets are **\$6,000**, then **\$7,300**, with **\$11,000** as the ultimate milestone. The days of calling Ethereum “cheap” at \$2,400 are over. This ultra-bullish market could spark a **sharper rally**, pulling smaller altcoins along.
Interestingly, **trading volume hasn’t spiked** since July 2022 (aside from April), which actually suggests **stronger momentum is still coming**. The **third wave** is yet to fully play out, followed eventually by the **fifth wave** to cap the move.
💬 Bottom line:Hold tight. #Ethereum’s trajectory is up, and the best is still ahead.
\#MarketGreedRising
Ethereum has just shattered a **504-day resistance**, and the next major challenge is its **2021 all-time high**, set **1,372 days ago**. Momentum suggests this level won’t hold for long.
This week marks the first time **ETH/USDT** is trading freely above the **March and December 2024 highs (\~\$4,100)**. Previously, attempts to hold this zone led to drops—down to **\$2,111** in March 2024, then **\$1,385**. Now, with Ethereum at **\$4,725**, there’s virtually **no significant resistance ahead**.
While the old all-time high might have some psychological effect, it’s unlikely to stop the rally. Targets are **\$6,000**, then **\$7,300**, with **\$11,000** as the ultimate milestone. The days of calling Ethereum “cheap” at \$2,400 are over. This ultra-bullish market could spark a **sharper rally**, pulling smaller altcoins along.
Interestingly, **trading volume hasn’t spiked** since July 2022 (aside from April), which actually suggests **stronger momentum is still coming**. The **third wave** is yet to fully play out, followed eventually by the **fifth wave** to cap the move.
💬 Bottom line:Hold tight. #Ethereum’s trajectory is up, and the best is still ahead.
\#MarketGreedRising
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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