⚡️ Ethereum breaks $2800 — new momentum or temporary growth?
Today, $ETH confidently broke the $2800 level, causing excitement among traders and long-term holders. The price has increased by over 7% in a day, and this is not just a random spike — several important factors are behind it.
🔍 What happened?
Overall market recovery: $BTC stabilizes around $110,000, dragging along major altcoins.
Increased interest in ETH ETF: Expectations regarding the possible approval of a spot ETF on Ethereum are driving institutional demand.
Activity in DeFi: TVL (total value locked) on Ethereum is rising, signaling a return of confidence in the network.
📈 What’s next for $ETH ?
If the price consolidates above $2800, the next target is $2950–$3000, where a strong psychological barrier lies.
In case of a pullback, key support is at $2680–$2720. A breakdown below this level could signal a short-term correction.
🧠 Long-term view:
Ethereum continues to dominate in the fields of DeFi, NFT, and L2 solutions.
The transition to Proof-of-Stake reduces inflationary pressure.
Many believe that $ETH could reach $3500–$4000 by the end of summer if the market remains positive.
