$ETH USDT – Ethereum Surges 20% as Bulls Take Control! 🚀

Ethereum is on a rocket ride today, with ETH/USDT blasting past resistance to hit $2,349.45—a massive +20.39% daily gain! This explosive move comes amid strong Layer 1/Layer 2 activity and surging DeFi & NFT interest. Here’s why ETH could keep climbing:

🔥 Key Highlights

Price Action: ETH smashed through the 24H high of $2,490.77, showing extreme bullish momentum.

Moving Averages: The 50-day MA (2,265.33)∗∗nowactsassupport,whilethe∗∗200−dayMA(2,004.09) confirms a long-term uptrend.

Volume: Huge 24H trading volume at 2.16M ETH ($4.80B USDT) signals strong institutional and retail demand.

RSI(14) at 57.86 – Not yet overbought, meaning more upside potential before a pullback.

MACD (-6.31) shows slight bearish divergence, but if buying pressure holds, $2,500+ is next.

🚀 What’s Driving the Rally?

ETF speculation heating up again.

Upcoming network upgrades improving scalability.

DeFi & NFT activity surging back.

Will ETH retest $2,500 soon? Or is a correction due? Share your thoughts! #Ethereum #ETH