ETH rises 7% to $4,200, its highest level since December 2021, as analysts forecast what’s next
ETH reached $4,200 on Binance after surpassing $4,000 a day earlier, as analysts pointed out liquidations and a possible rotation towards altcoins amid rising sentiment.
Ether (ETH) climbed to $4,200 on Binance early Saturday, its highest level since December 2021, following a two-day rally driven by intense trading volume and $207 million in short liquidations.
The move followed Friday's breakout above $4,000 for the first time since December 2024, a technical milestone that attracted new buying and set the stage for Saturday's upward momentum.
