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Ethereum (ETH) is currently trading at $1,828, showing resilience despite a minor 0.64% decline. Technical analysis suggests a potential bullish trend reversal, with key resistance at $1,900. On-chain metrics and whale activity further support a cautiously optimistic outlook.
- ETH shows a bullish breakout from a Falling Wedge pattern, targeting $1,900 with potential to reach $2,100.
- A dormant Ethereum whale reactivated, purchasing 1,202 ETH (~$2.2M), signaling renewed interest.
- Ethereum's development activity remains strong, with progress in DeFi, NFTs, and Ethereum 2.0 upgrades.
📎 Related coverage from: coincodecap.com
Other Tags: DeFi, El Salvador, Ethereum 2.0, NFT