$ETH 🚀 Ethereum Soars Past $4.7K as Bulls Target New ATH!
The ETH/USDT pair is trading at $4,745.48 (+12.41% in 24h), blasting through resistance amid a market-wide rally fueled by Fed optimism and institutional frenzy. With a 24h range of $4,204.20–$4,768.88, ETH’s momentum is undeniable, backed by $945M+ in spot volume on Binance alone5.
Key Drivers:
Technical Breakout: RSI nears overbought territory, but bullish MACD divergence supports a push toward $4,788 (ATH). Strong support holds at $4,204.
Whale Activity: Large buys detected, including a 2,050 ETH order ($9.4M) on Coinbase, signaling institutional confidence
Macro Tailwinds: Fed rate cut hopes and EU digital euro initiatives leveraging Ethereum’s blockchain fuel long-term utility.
Pro Tip: Scalp the $4,700–$4,768 range. A close above $4,770 could target $4,900.
🔔 Will ETH defy gravity and smash $5K? Stay tuned!
*Trade responsibly!* 🚀
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