Just took a look at the chart and it's looking absolutely bullish. That pop we saw? It's not just random noiseāit's got some serious momentum behind it.
ā”ļøThe chart shows $ETH is up over 13% and pushing hard against its recent highs. What's super important here is that it's holding well above the MA60 line, which is a key signal for a strong trend. This isn't just a quick pump and dump; the volume is supporting this move, which tells us that real buyers are stepping in.
ā”ļøSo what's the prediction? The market sentiment for ETH is looking really positive right now. Technical indicators are leaning heavily towards "Buy" and "Strong Buy," especially on the moving averages. This kind of price action, supported by positive news and strong on-chain data, often signals a potential breakout. We could be looking at a test of the all-time high very soon, maybe even today if this momentum keeps up.
ā”ļøBottom line: The chart is screaming "UP." We're in a clear uptrend, and the next big resistance is likely the all-time high around $4,868. If we break past that with strong volume, it could be a massive move. Keep your eyes peeled, because this could get wild. Just remember, this is crypto, so always do your own research and stay safe! š and of course donāt forget to follow me @A K K I G
