ETH Rally Playing Out Exactly. Next Push To $4,000!
In our previous Bitcoin analysis, we talked about the $876 major support zone for the ETH price and how we might see a massive price bounce in the coming days.
Well, since publishing that TA, we have seen the Ethereum price skyrocket more than +89% and that pump does not seem to be slowing down anytime soon!
In this ETH analysis, we will be breaking down the current price setup as well as what we think might be setting up to happen in the coming days.
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ETH $4,000 Surge Next!
The Ethereum bulls are still in control of this market and we believe that the ETH rally might still be far from over!
The key level we need to keep a close eye on is the $876 key support zone on the Weekly timeframe. As far this key zone continues to hold, there is a very high probability that we might see more buyers step in to continue pushing the Altcoin price back up to $4,000.
So for now, we are still very bullish on Ethereum and believe there is is still a lot of room to rally in this 2025 market cycle.
Final Verdict!
The Ethereum bulls are in charge of this market and the current ETH rally is only a sample of the coming Alt-season bull run that is setting up to happen soon!
A bull run like this could easily send ETH back to $4,000 in no time.
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