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🚀Amazing Comeback! Ethereum is brewing a super market trend, aiming directly at $8000!
Ethereum (ETH) is once again at the forefront, with a series of on-chain dynamics and capital flows indicating: this is not just the beginning of a price increase, but possibly the prelude to the next bull market!
Technical patterns suggest a major explosion, is $8000 just around the corner?
ETH is currently at the end of a typical "bullish flag" structure, which is a classic signal before a price explosion. Once it successfully breaks through the upper boundary, analysts predict it will open up space for a sprint towards $8000, representing a potential increase of over 200% from the current price.
Short-term support is concentrated in the $1500-$1800 range, with main resistance between $4000-$4400; once broken, it could trigger a chain reaction in the market.
Whales are frequently active, selling and hoarding simultaneously.
In the past two days, some large holders sold over 63,000 ETH, causing a brief fluctuation in the market. However, at the same time, a large amount of ETH flowed into long-term holding addresses, with a net inflow of up to 449,000 in a single day on April 22, indicating strong bullish sentiment from long-term funds.
Active addresses are also soaring, increasing by 10% in just two days, representing a clear rise in investor interest.
Institutions are frequently stepping in, and large transactions are surging.
On April 22, the number of large ETH transactions in a single day exceeded 6,000, reaching a new high for the period. Historical data shows that concentrated operations by large holders often signal the start of price movements. With major funds accelerating their entry, the market landscape for Ethereum is rapidly being reshaped.
Summary: Ethereum is quietly brewing a super market trend.
Strongly bullish technical patterns, significant accumulation by large holders, and active institutional support—these three signals point to: Ethereum is accumulating momentum, and a push towards $8000 is not a fantasy!
Do you think ETH can start the journey of a super rise?
Ethereum (ETH) is once again at the forefront, with a series of on-chain dynamics and capital flows indicating: this is not just the beginning of a price increase, but possibly the prelude to the next bull market!
Technical patterns suggest a major explosion, is $8000 just around the corner?
ETH is currently at the end of a typical "bullish flag" structure, which is a classic signal before a price explosion. Once it successfully breaks through the upper boundary, analysts predict it will open up space for a sprint towards $8000, representing a potential increase of over 200% from the current price.
Short-term support is concentrated in the $1500-$1800 range, with main resistance between $4000-$4400; once broken, it could trigger a chain reaction in the market.
Whales are frequently active, selling and hoarding simultaneously.
In the past two days, some large holders sold over 63,000 ETH, causing a brief fluctuation in the market. However, at the same time, a large amount of ETH flowed into long-term holding addresses, with a net inflow of up to 449,000 in a single day on April 22, indicating strong bullish sentiment from long-term funds.
Active addresses are also soaring, increasing by 10% in just two days, representing a clear rise in investor interest.
Institutions are frequently stepping in, and large transactions are surging.
On April 22, the number of large ETH transactions in a single day exceeded 6,000, reaching a new high for the period. Historical data shows that concentrated operations by large holders often signal the start of price movements. With major funds accelerating their entry, the market landscape for Ethereum is rapidly being reshaped.
Summary: Ethereum is quietly brewing a super market trend.
Strongly bullish technical patterns, significant accumulation by large holders, and active institutional support—these three signals point to: Ethereum is accumulating momentum, and a push towards $8000 is not a fantasy!
Do you think ETH can start the journey of a super rise?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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