【$10 Billion Ethereum (ETH) Trading Volume Will Trigger the Start of a Bull Market】
Ethereum is currently priced at approximately $3,120, attracting significant market attention. With increasing trading activity, Ethereum may enter a new round of a bull market. Whale data shows that large holder activity is growing, pushing Ethereum to a 14-week high, reflecting increased confidence among large capital players in Ethereum.
Ethereum's trading volume has also surged to $10 trillion, indicating rising network demand, which is beneficial for price strengthening. As Bitcoin drives the market, some profits may flow into Ethereum and other altcoins, or bring it closer to its historical high of $4,800. In the past, Ethereum has also risen alongside Bitcoin during periods of optimistic sentiment leading to new highs.
Ethereum investors should pay attention to support levels and the growth of large holder activity. As market sentiment improves, Ethereum is expected to break through the psychological barrier of $4,000, potentially triggering a larger-scale altcoin market rebound and bringing optimistic signals for its short-term and long-term trends.
