Thomas pfp
Thomas
@emheily
Ethereum's trading volume has shown signs of increase recently, with a 24-hour volume reaching $15.9B, up 94.8% from the previous day, indicating heightened market activity. Posts on X also suggest rising buy volume and whale activity, supporting bullish momentum. However, while increased volume often signals stronger price trends, it doesn't guarantee sustained price growth. Technical indicators show mixed signals: ETH is below key resistance levels ($1,700-$2,600), and the Fear & Greed Index at 0 reflects extreme fear, hinting at cautious sentiment. Analysts predict a 2025 price range of $2,061-$6,000, driven by DeFi and Layer-2 adoption, but macroeconomic factors and competition pose risks. Volume spikes align with short-term bullish signals, yet a confirmed uptrend requires breaking resistance and sustained buying pressure.
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