Ethereum Don Pass $2,800 After Wyckoff Spring Accumulation
Ethereum price don finish one Wyckoff Spring accumulation around $2,145, e mean say e go rise. After this base dey form, Ethereum price jump pass $2,800 resistance level with 5.65% daily gain, because DeFi activity dey increase, on-chain metrics strong gather and investor demand balance again because network upgrade dey come. Trading volume climb sharp sharp and market capitalization near $340 billion.
Technical analysts dey point short-term targets near $3,000 and main resistance places for $3,800 and $4,085, if Ethereum fit close well pass these levels with strong volume e fit push e go $5,400. At the same time, things wey dey ground like EIP-1559 deflationary system, DeFi ecosystem wey dey grow and more institutions dey buy Ethereum dey give strong support to keep the bullish momentum. Traders make dem dey look volume trend, weekly candlestick close and resistance break to sabi beta time to enter.
Bullish
Di nyuz kombain klasin Wyckoff Spring akumuléshon wit strong breakout pass $2,800, konfirm by wan 5.65% daily gain an risin tradin volyum. Short term, dis momentum show sey mo rise goh $3,000 an key resistance $3,800-$4,085, while wan strong volyum backed close pass dis level fit target $5,400. Long term, fundamentál drivaz like EIP-1559 deflationary mekanism, de expandin DeFi ekosistem an more institutional akumuléshon support strong bullish sentiment. Trader dem go respond wit mo long positions, help price stabiliti an up trajectory.