Ethereum’s $4K Question: Pectra Upgrade Fuels Bullish Bets
Ethereum’s next major upgrade—Pectra—has traders eyeing the $4,000 price target. Can ETH defy gravity again, or is this just another ’number go up’ fantasy for bagholders?
The upgrade promises scalability fixes, but let’s be real: Wall Street still thinks DeFi is a meme. Meanwhile, ETH whales are accumulating like it’s 2021.
Key factors to watch: Staking yields post-upgrade, competitor chain activity (looking at you, Solana), and whether ETF hype can outrun regulatory fatigue.
One thing’s certain: crypto’s favorite ’ultrasound money’ narrative just got a fresh dose of hopium. Whether that translates to ATHs—or another ’buy the rumor, sell the news’ fiasco—remains to be seen.
Can ETH Bulls Gather the Fire Power to Push Through $3,000?
ETH’s trading volumes have not yet surpassed yesterday’s mark but there are still a few hours in the clock to get there.
The price stretched from $1,811 to $2,583 in just three days and the rally has pushed momentum indicators to overheated levels.
The Relative Strength Index (RSI) has already entered overbought territory, meaning that the uptrend’s strength is quite high.
The next key resistance to watch for ETH apart from the obvious $3,000 is hurdle is its nearest lower high at $2,860.
One interesting confluence is that, once (or if) ETH gets to $3,000, the 21-day and 200-day exponential moving averages (EMAs) will cross over in a highly bullish technical event known as the ‘golden cross.’
The last time this happened, ETH produced gains of 18% calculated based on the price of the token at the time of the crossover. If history repeats, it means that ETH could get to $3,500 if the 21-day EMA crosses above the 200-day EMA.
As the market’s outlook continues to improve, the best crypto presales like BTC Bull Token (BTCBULL) will shine.
BTC Bull Token (BTCBULL) Offers Rewards to Holders as Bitcoin Makes it to New ATHs
BTC Bull Token (BTCBULL) has created a fun and rewarding way to earn passive income as the top crypto rises to fresh all-time highs.
The reward system is quite simple. Starting at a baseline price of $100K, token holders will be compensated via token burns or direct airdrops every time the price of bitcoin adds another $25,000.
The first milestone is set at $125,000, at which point a portion of BTCBULL will be burned to foster scarcity and cause a spike in the price. Next up, once BTC gets to $150,000, BTCBULL holders will receive a direct airdrop.
To start earning passive income and have fun while you watch BTC make it to higher highs, visit the BTC Bull Token website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH or use a bank card to make your investment.
