Ethereum Price Go Rally for OKX Giveaway—Fit ETH Reach New ATH?
Ethereum price still dey supported pass $3,550 due to strong bullish momentum. Technical indicators show say if e fit break pass $3,750 level, e fit carry am go $3,900–$4,200 range, and if momentum hold, e all-time high of $4,878 fit become target. Ongoing inflow for Ethereum spot ETFs don dey make supply tight, which dey strong the bullish side. OKX latest giveaway of up to 20 million PUMP tokens fit increase platform engagement and short-term trading volume, but the direct impact on Ethereum price likely remain indirect and temporary. Key scenarios be say e fit breakout bullish pass $3,750 targeting over $4,200, e fit test ATH at $4,878+, e fit moderate pullback go $3,200–$3,600 if RSI overheat, or e fit reject badly below $3,200 due to macro headwinds. Overall, Ethereum price go depend on continued ETF inflows, technical strength, and market sentiment generally.
Bullish
Di OKX giveaway go fit cause small short-term increase for trading volume, similar to the other past exchange promotions where price spike sharp but no long-term trend. But the stronger reason na be di ongoing inflow into Ethereum spot ETFs, dem wey always dey act as big catalyst for price to go up. For middle 2025, di demand from ETF push ETH from around $3,000 come pass $4,000, make we see how institution interest strong be dat. If breakout pass $3,750 hapun, e fit cause more buying, push price to $3,900–$4,200 range, and make the ATH of $4,878 dey near. For short term, traders suppose expect more volatility around di giveaway event, but medium to long-term outlook still good as technical momentum solid and ETF demand steady.