CandleFocus

Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally

The overall crypto market has seen modest gains in both market cap and trading volume. Ethereum has surpassed its resistance at $2.5K and Bitcoin is attempting to reach $64,000. Ethereum's price has shown a 2.46% increase and is currently trading at $2,526. Traders speculate on an incoming price rally in the coming days. Technical indicators, such as MACD and RSI, suggest positive momentum and a bullish trend for Ethereum. The US SEC has delayed its decision on Ethereum Options trading, and increased liquidations have been observed in the overall crypto market.

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