#ETHBreaks2k

Ethereum (ETH) has recently surged past the $2,000 mark, reflecting a notable bullish trend in the cryptocurrency market. This increase is partly due to significant accumulation by large ETH holders, known as “whales,” who have added over 400,000 ETH to their wallets in the past 24 hours.  Additionally, the U.S. Federal Reserve’s decision to pause interest rate hikes has boosted investor confidence, contributing to Ethereum’s price rise.  Technical analysis indicates that if Ethereum maintains its current momentum, it could target the next resistance level around $2,142.  However, investors should remain cautious, as market conditions can change rapidly.