#Ethereum Breaks Out Strongly 🤯👇
Ethereum is back in the spotlight as ETH surged past $3,300, now trading near $3,336, up 6.25% in 24 hours. Trading volume jumped to $35.7B, showing renewed energy and strong market participation. Over the past month, ETH is already up nearly 13%, reclaiming a $400B market cap.
Technically, ETH has broken out of a symmetrical triangle, a classic bullish pattern. RSI remains neutral, while MACD is positive, suggesting there’s room to move higher without overheating.
If ETH holds above the $3,300–$3,450 zone, a push toward $4,000 becomes a realistic target.
Institutional demand is also rising. Spot ETH ETFs saw $130M in daily inflows, and excitement is building around the upcoming Glamsterdam fork, expected to boost scalability and network efficiency. Whales are confident, with a long/short ratio of 8.75, but leverage remains a risk. Stay patient, manage risk, and watch key support near $3,000.
$GUN $KGEN
$DASH #etherium #MarketSentimentToday #Market_Update #MarketRebound