“Ethereum Explosion MAX! Bulls Near $3000, Bull Market Rocket Will Shoot Straight to $4000?”
Ethereum (ETH) has recently broken through a key price level, showing extremely strong bullish momentum, and the market is full of expectations for its assault on new highs. As the crypto market enters the early stages of a bull market, the ETH price has become unstoppable after breaking through $3000, further opening up upward space. After consolidating for three months, Ethereum has broken free from the suppression zone, and it is expected to accelerate towards the key resistance level, with targets potentially pointing to new highs of $4000 or even $5000.
Recently, the influx of funds into the ETH spot ETF has been particularly active, and the favorable conditions following the U.S. elections have been a boon, along with the Federal Reserve's interest rate cuts, fueling this strong rebound. Market institutions' favorability towards Ethereum has also significantly increased. The key support level of $2900 has become an important short-term defense line, and once it successfully stabilizes, bulls are expected to further push towards $3600 and $4000.
Market analyst Justin Bennett pointed out that $3600 may become a testing point on the way up, and once broken, ETH may head straight for the $4000 range! With this trend, Ethereum's market capitalization has surpassed that of Bank of America. Additionally, the performance of weekly closing prices will have a crucial impact on future trends — this is the moment for bulls to make their move!
Follow Old Lin closely and witness the birth of new heights with ETH, looking forward to your attention!
