LIVE๐ Ethereum ETH Price: 90% of ETH Nearing Profitability as $4,000 Within Striking Distance ๐
๐ With bullish momentum driving Ethereum, it surged past $3,700 to hit a multi-month high at $3,715. Holding above $3,550 support strengthens the market structure.
๐ช Following Bitcoin's lead, ETH establishes higher lows and highs, fueling hopes for a push towards record peaks. Immediate resistance lies between $3,780 and $3,850, with $4,000 as a critical psychological marker.
๐ Bulls are confident in Ethereum's upgrade roadmap, with on-chain data indicating strong conviction. Over 90% of ETH's circulating supply could be profitable if it surpasses the $4,076 average cost basis.
๐ Despite overbought signals on weekly charts and bearish divergences on shorter timeframes, investors remain vigilant. Key support lies at $3,500, with $3,000 as a primary level.
๐ฏ Investors await Ethereum's short-term fate, with $4,000 as a significant target if whales maintain control and support levels hold.
