Bitcoin has recovered to $92,000 and Ethereum has crossed the $2,300 mark with a 2% surge in the past 24 hours. There is optimism that Ethereum's recovery will lead to a price surge to $2,700. The Ethereum price trend shows a bullish reversal within a falling channel pattern, indicating a new bullish wave. The MACD and signal lines are close to signaling a positive crosswalk, suggesting a shift in trend nature. Despite a decline in the number of whales holding Ethereum, Donald Trump's World Liberty Financial has purchased $21.5 million worth of Ethereum and other cryptocurrencies. The fund now holds $54 million worth of Ethereum. The increasing interest in Ethereum and bullish price action analysis indicate a potential bull run, with support levels at $2,150 and $2,000.



Other News from Today