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$ETH Ethereum has finally crossed the $2,500 mark after months of trading under $2K. It briefly touched this level before pulling back to the $2,470â$2,480 zone. Is this a breakout or just another fakeout? Bulls believe this surge could lead to $3K, backed by ETF optimism and growing DeFi interest.
However, bears argue $2,500 may act as strong resistance, possibly leading to a pullback. All eyes are on the next move. Will $ETH break higher or correct before climbing again?
"Altcoins are facing a tough resistance level against ETH"
â ď¸ Heads-up to all altcoin holders! â ď¸ Just noticed something important â #AltcoinTrade altcoins are facing a tough resistance level against $ETH ETH, and itâs the same area where they got rejected hard during the last cycle.
Looking at the $ETH TOTAL3/ETH weekly chart, thereâs a clear rejection happening at a key supply zone. This might be a sign that Ethereum dominance could rise again in the short term, while #AltcoinTrade altcoins take a bit of a backseat.