đ„ Ethereum ($ETH ) Bulls on the Move: $2,900 in Sight! đ„
Ethereum is heating up as we gear up for altcoin season! đ Recent analysis from AMBCrypto suggests that ETH could soon touch $2,900, thanks in part to increased whale activity and a market sentiment shift following the Fed's interest rate cut.
After hovering around $2,500, ETH surged by 12.7% last week as money flowed into the altcoin, reflecting a growing bullish sentiment. đ Whales have been actively accumulating, adding 360,000 ETH (worth $950 million) since September 1, showing strong support for this rally.
While a rise towards $2,800 to $2,900 is anticipated, watch out for potential selling pressure at the $2,900 mark. Remember, while the momentum is positive, itâs important to keep an eye on market dynamics!
Stay alert, ETH tradersâcould this be the beginning of a major breakout? đ
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