#ETH4500Next?
ETH hit $4,200 on Binance after breaking $4,000 a day earlier, as analysts pointed to liquidations and potential altcoin rotation amid rising sentiment.
What to know:
ETH surged 7% to $4,200 after clearing $4,000 resistance a day earlier.
$207 million in short liquidations added momentum to the move.
Analysts said ETH gains could spur altcoin buying, but Santiment warned retail FOMO may slow momentum.
ETH hit $4,200 on Binance after breaking $4,000 a day earlier, as analysts pointed to liquidations and potential altcoin rotation amid rising sentiment.
What to know:
ETH surged 7% to $4,200 after clearing $4,000 resistance a day earlier.
$207 million in short liquidations added momentum to the move.
Analysts said ETH gains could spur altcoin buying, but Santiment warned retail FOMO may slow momentum.