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Ethereum Rockets 20%—Bull Trap or Legit Breakout? Here’s What Charts Say

Ethereum Rockets 20%—Bull Trap or Legit Breakout? Here’s What Charts Say

Published:
2025-05-09 09:00:00
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ETH’s sudden pump has traders scrambling—is this the start of a new uptrend or just another ’buy the rumor, sell the news’ circus?

Key levels to watch: The $4,200 resistance held firm last quarter. If bulls smash through, we could see a rush toward all-time highs. But with gas fees still eating retail traders’ lunch, skepticism runs high.

Meanwhile, Wall Street ’experts’ who called ETH ’obsolete’ last year suddenly remember their blockchain research credentials. Funny how price action focuses the mind.

Is the Ethereum price surge of almost 20% today just the beginning of a larger rally? What’s the next ETH price prediction everyone’s buzzing about?  Read More

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