In the spotlight: Ethereum close to its ATH 🚀
Ethereum is not falling behind: the price comes from a solid rebound and is once again nearing its all-time high at $4,868.
📊 Key points of the movement:
Macroeconomic optimism and the Fed's more flexible monetary policy provided an extra boost.
The buying volume in high zones indicates institutional interest.
Psychological level: $5,000 appears as the most important resistance to overcome.
🔍 Technical analysis:
Relevant support: $4,650
Immediate resistance: $4,870 – $5,000
If it breaks $5,000 with volume, the rally could extend towards new highs.
Do you think $ETH will manage to break $5,000 this week or will we see a pullback first?