⚡ Ethereum Breaks $3K — Is a New Bull Run Brewing? $ETH /U
koinmilyoner
Updated at: 12 hours ago
{"content":"⚡ Ethereum Breaks $3K — Is a New Bull Run Brewing?
$ETH /USDT Price: $3003.46
4H Change: +1.18%
High: $3,040
Key Moving Averages:
MA 20: $2738
MA 200: $2532
🔍 What’s Happening on the Chart?
💥 Ethereum reclaims $3,000 with conviction — a level not seen since early Q1.
📈 Clean breakout from multi-week consolidation above $2,700.
📊 Volume is rising, and price is soaring past major moving averages — a textbook signal of trend reversal.
🧠 Why It Matters:
Psychological level breached: $3K = renewed investor confidence.
The ETH/BTC ratio has been ticking higher — flipping altcoin season vibes.
ETF narratives, ETH 2.0 progress, and L2 growth add tailwinds.
🔮 Next Bull Targets:
$3,200 – minor resistance zone.
$3,500-$3,700 – December highs, key Fibonacci zone.
$4,000+ – blue-sky breakout if bulls stay hungry.
🛡️ Support Watch:
$2,700-$2,800 — recent consolidation floor.
$2,500 — strong long-term MA zone.
Verdict:
Ethereum’s breakout above $3K isn’t just technical — it’s psychological. If bulls defend this level, ETH could ignite a broader Layer 1 rally. Eyes wide open — this might be the early spark of a second-half 2025 crypto surge.
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