Positive newsflow, a change in investor sentiment and steady ETH ETF buying could help Ether rally above $2,700.
Ethereum is eyeing a breakout toward $3,400 as it consolidates within a bull pennant, echoing classic continuation patterns from past rallies.
Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval.
The acknowledgment officially starts the clock for the US securities regulator to decide on the proposed Bitcoin and Ether combined ETF.
Ether has appreciated nearly 90,000% in the 10 years since the two Ethereum wallets received their coins.
Bitcoin failed to overcome resistance at $110,500, but charts suggest bulls will continue buying dips in BTC and altcoins.
Bit Digital is now the second-largest publicly traded ETH holder, behind Coinbase.
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025.
Bitcoin ETPs saw $790 million of inflows last week, a slowdown from the previous three-week average of $1.5 billion, with dynamics shifting in favor of Ether, according to CoinShares.
Bitcoin sold off near the $110,000 ceiling, but the price reset could give BNB, SOL, LINK and AAVE a chance to rally.