Ethereum surges 12%! A breakthrough of $2,000 is just around the corner

Ethereum recently broke through the key $1,800 level, rising 12% in just 24 hours, bringing strong bullish signals to the market. This move marks a potential trend reversal for Ethereum, and after breaking $1,860, the psychological barrier of $2,000 will become the next target.

Despite global economic tensions, especially the unclear situation surrounding US-China trade, Ethereum and other cryptocurrencies have shown strong resilience. According to IntoTheBlock data, Ethereum's market capitalization surged in the past 24 hours, investor interest has rebounded, and capital inflow is increasing. On-chain indicators show that the main resistance point in the future is only around $1,860, and if broken, it will further drive up prices.

Although macroeconomic uncertainties still exist, Ethereum has broken through $1,800 and is showing a sustained upward momentum, which has heightened bullish sentiment in the market. If it can break through $1,860, the possibility of breaking $2,000 will become clearer. Recently, ETH's strong performance suggests that the market may be approaching a significant adjustment, attracting more investors back into the market.

In the short term, ETH is expected to continue performing strongly, with the key being whether it can hold above $1,750 and break through $1,800 to open up further upside potential. If it successfully breaks through, the $2,000 target will be within reach, potentially triggering a new wave of buying enthusiasm.