Ethereum Shatters $3,000 Barrier – $4,000 Target Now in Sight
Ethereum just bulldozed through a critical resistance level—and traders are already eyeing the next psychological milestone.
The breakout play: ETH's surge past $3,000 wasn't just technical—it was a middle finger to bears who called this a 'dead chain' during the last crypto winter. Liquidation cascades wiped out $80M in short positions within hours (because Wall Street hedge funds still haven't learned their lesson with crypto leverage).
What's fueling the rally: Spot ETF approvals finally priced in, L2 adoption hitting record throughput, and—let's be honest—FOMO from Bitcoin's recent ATH. The 'flippening' crowd is awfully quiet these days.
Key levels to watch: Daily closes above $3,150 could trigger algorithmic buying sprees. But watch the funding rates—nothing kills an ETH rally faster than overleveraged degens.
Funny how $4,000 seems inevitable now... until the next 'black swan' event sends crypto Twitter into hysterics. Never change, finance.