Ethereum Price Breaks $4,300 on OKX Amid Bullish Momentum
Ethereum price rallied sharply on OKX, first topping the $4,200 mark with a 6.2% gain before surging past $4,300 to $4,300.11, up 2.16% intraday. Strong buy-side pressure and positive sentiment drove the breakout, reinforcing a bullish signal for crypto traders. Key support lies at $4,150, while the next resistance near $4,400 could cap further gains. This price surge highlights growing demand and may spur increased trading activity as investors reposition portfolios.
Bullish
The significant break of both the $4,200 and $4,300 levels on OKX, driven by strong buy-side pressure and positive market sentiment, signals sustained bullish momentum. In the short term, traders may chase further upside toward $4,400, supported by key technical triggers and rising trading volumes. Over the longer term, consistent buying interest above the $4,150 support level suggests a solid base for continued gains, potentially attracting more portfolio reallocations into Ethereum.