🔥 $ETH surpasses the 1,800 USDT mark!

Ethereum is trading at 1,806 USDT at the time of writing, up +2.4% over 24 hours and +13% over the week. Volumes are around 9 billion USDT – a sign of renewed demand.

⚡ What fuels the momentum

1. Upgrade “Dencun”: successful testnet deployment → imminent decrease in L2 fees.

2. Spot ETF flows: rumors of SEC approval before the end of Q2 → +650 million USDT in anticipated inflows this week.

3. Staking & burn: >27% of the supply now staked, net supply ≈ -0.4%/year since EIP-1559.

🔍 Key technical levels

Zone Role Comment

1,880 USDT Resistance High of channel since February

1,760 USDT Pivot Confirmed breakout (former resistance)

1,650 USDT Major support Confluence MA200 + fibo 0.382

🛠️ Example Grid setup (educational)

Range: 1,700 – 1,860 USDT (15 levels)

TP: partial exit every +2%

Global SL: 1,640 USDT (below MA200)

🚀 Why it could heat up further

. Record L2 adoption: Base, Scroll, Blast > 1 million tx/day

. Dev activity #1 on GitHub for 20 weeks

. MVRV ratio still < 1.4 → expansion potential

$ETH remains the infrastructure engine of Web3.

Like & share if you think Ethereum aims for 2,000 USDT before the end of the quarter! 👇

#EthereumFuture $ETH #BinanceSquare #CryptoNews #DencunUpgrade