Ethereum's price surpasses $2,000 with a local high of $2,490, indicating a new bullish phase amidst optimistic market sentiment and Bitcoin near all-time highs.
Top analyst predicts Ethereum to reach $12,000 by 2025, fueled by strong fundamentals, growing institutional interest, and advancements in DeFi and tokenization.
ETH consolidates near $2,400 level after gaining over 35% in two days, with potential for broader altcoin rally as market anticipates sustained bullish momentum.
Key resistance levels for Ethereum at 200-day EMA and SMA, with support at $2,200–$2,250 range. Maintaining bullish structure could target $2,700–$2,900 range, while failure could lead to retesting $2,000 breakout zone.