The cryptocurrency market, including Ethereum, has experienced a surge in optimism and buying interest following former President Trump's election victory in 2024. Ethereum's price has spiked by 10%, reaching the critical resistance level of $2.5K. If the price can break this threshold, it could lead to further bullish momentum. However, the $2.5K resistance zone has seen sellers in the past, making it an important barrier. If buying pressure continues, Ethereum could potentially break this resistance and target the $2.8K level. On the 4-hour chart, Ethereum's surge from the $2.3K support has brought it closer to a decisive resistance zone between $2.6K and $2.8K. This zone represents a significant supply area and may lead to a short-term consolidation phase. To confirm a bullish trend, Ethereum would need a breakout above this resistance zone with strong volume. Key indicators from the futures market, such as open interest and funding rates, suggest increased participation and bullish sentiment. However, investors should exercise caution and monitor these metrics closely to prepare for potential volatility.



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