Ethereum's price stability between $2800 and $4000 over ten months suggests major accumulation, indicating a potential bullish rally.
Ethereum CME Futures open interest reached a record of over 700k contracts, indicating growing market confidence. Analysts predict ETH prices could rise to $8K-$10K, supported by a strong base at $1.8K-$2K.
Ethereum price trend remains strong above $3,250 and could move past $3,400. If successful, it may target $3,500 and beyond. However, failure to overcome the $3,400 resistance can trigger a decline to $3,250 or lower. Technical indicators indicate a bullish momentum.
Ethereum is showing bullish signs, trading above $2,580 and could rally past $2,650 resistance towards $2,880 or $3,000. However, failure to clear $2,650 might lead to a decline towards $2,450 or lower. Key support lies at $2,535, with major resistance at $2,650.
