Ethereum is witnessing a significant rise today, currently trading at $1,800, achieving gains of over 10% in the past 24 hours.
Key points:
Bullish momentum continues: After fluctuating between $1,500 and $1,600, ETH has broken out of the range strongly.
Strong ETF inflows: $38.7M entered in one day, indicating increasing institutional interest.
Whales are moving: One large investor recently bought 20,000 ETH.
Technical levels:
Resistance: $1,895
Strong support: $1,700
Discussion question:
Is ETH on its way to break the $2,000 mark soon? Share your thoughts with us!
