Ethereum

bullish

Bitcoin

Ethereum (ETH), the second-largest cryptocurrency, is riding high on Bitcoin’s (BTC) monumental rally past $100,000. ETH is currently trading at $3,934.52, reflecting a 5.62% gain in the past 24 hours, with a robust market cap of $473.88 billion and the 24-hour trading volume stands at $65.87 billion surging over 50%.
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 <figure class="aligncenter size-large"><img decoding="async" width="860" height="411" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/eth-860x411.png" alt="Ethereum price chart" class="wp-image-220685">
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 Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
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Despite occasional bearish hurdles, Ethereum has remained within a bullish trend. The current price level marks a critical resistance zone, and analysts suggest a breakout above $4,000 could trigger a sharp rally. However, short-term consolidation might precede any significant upward move.
ETH has shown a steady ascending trend since rebounding from 2022 lows, signaling strong market confidence. Institutional interest is also growing, as <a href="https://www.cryptotimes.io/2024/11/29/ethereum-etfs-outshine-bitcoin-funds-over-thanksgiving-week/" target="_blank" rel="noopener noreferrer nofollow">spot Ethereum ETF inflows surpass those of Bitcoin</a>. This shift underscores Ethereum’s increasing appeal as a valuable investment asset.
If Ethereum manages to sustain above $4,000, experts predict a potential climb toward a new all-time high (ATH) above $5,000. However, bears may temporarily slow the rally. Still, the future looks bright, with Ethereum positioned as a critical player in the broader crypto market surge.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/12/05/bitcoins-historic-price-movement-a-tale-of-booms-and-busts/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin’s Historic Price Movement: A Tale of Booms and Busts</a>
</blockquote>

Can Ethereum Break $4K as Bitcoin Soars Beyond $100K?

The Crypto Times

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