ETH surged 13%, driven by the return of whales, a bull market is imminent!

The price of Ethereum (ETH) skyrocketed to $1,787 within 24 hours, with an astonishing increase of 13%! Behind this surge, the return of whale investors played a crucial role. A whale that lost $40 million during the ETH crash on April 9 has now decisively increased its holdings by nearly 20,000 ETH, demonstrating strong confidence in the rebound.

Meanwhile, the spot ETH ETF also received good news, with daily inflows surpassing $38.74 million, ending a 10-day funding drought. All of this provides strong support for ETH's strong rebound.

Technical analysis shows that the ETH price is breaking through the key resistance level of $1,800, and a breakout near the upper Bollinger Band could trigger more buying, with the trend of continuous increase becoming increasingly evident. Analysts predict that ETH is likely to regain market dominance, with a target price set at $2,690!

Now is the best time to invest in ETH; if you miss this wave of increase, it will be too late to regret!