Ethereum (ETH) Price Prediction: ETH Bulls Target $2,600 After Fresh 30,000 ETH Buying
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Ethereum (ETH) trades around $2,466, holding above the 4 hour 20 EMA at $2,448.7 as bulls eye a $2,600 breakout, though momentum has cooled. Two whale buys totaling 30,000 ETH (~$73.6M) and rising open interest support recovery and funding activity but raise leverage-driven risk for the crypto market.
Рынки предсказаний
Что в фокусе у трейдеров?
- ETH holds above key EMAs as bulls prepare for a potential $2,600 breakout.
- Fresh whale purchases worth $73.6 million could reinforce Ethereum’s recovery.
- Rising open interest signals renewed activity but raises leverage-driven risks.
Ethereum is holding above key moving averages as traders assess whether the latest consolidation can fuel another breakout. ETH trades near $2,466 after cooling from its recent advance toward $2,549. However, buyers continue defending the $2,448.7 20 EMA on the four-hour chart. That support keeps the short-term structure constructive despite weaker momentum.
Moreover, renewed whale accumulation has added another bullish element to the current setup. Two fresh addresses recently accumulated 30,000 ETH worth roughly $73.6 million combined. Their possible connection to Bitmine has attracted additional market attention.
ETH Holds a B…
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