🚀 Ethereum Smashes Past Key Level – Is $3K Next? 🔥📈
💥 $ETH just broke a major milestone – its market price has flipped above the realized price of $1,900, signaling growing confidence among long-term holders. This shift often precedes deeper institutional inflows and more sustainable upside momentum.
📊 Most accumulation wallets scooped up ETH under $1,900. Now in profit, these holders are strengthening conviction. The breakout suggests the rally is fueled by smart money, not just retail hype.
🏦 Binance is leading the ETH charge, showing the highest transaction volumes. Outflows are outpacing inflows – a classic signal of profit-taking after smart accumulation during dips. Abraxas Capital’s recent ETH moves further validate this trend.
⚙️ ETH’s rally to $2,600 coincides with the Pectra upgrade, adding extra fuel to the bullish wave. At press time, ETH trades at $2,518.
📉 RSI is now above 80, flashing a short-term overbought signal. While some consolidation may follow, MACD still supports bullish momentum, hinting that any correction could be mild.
⏳ Next 24–48 hours are key. If support holds, Ethereum could target $2,800+ as the next leg.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
