Courtney Kawano oJSM

#ETHBreaks2k Ethereum is indeed experiencing a bullish trend today, with its price surging 3% in the last 24 hours.¹ This upward momentum is largely driven by increasing institutional interest, with many big players shifting their assets from Bitcoin and stablecoins to Ethereum. From a technical analysis perspective, Ethereum's chart is showing a bullish pennant formation, which could potentially lead to a breakout above $5,000.² Additionally, the falling wedge pattern on Ethereum's weekly chart suggests a possible local trend reversal.³ Here are some key price levels to watch: - *Resistance levels*: $2,000, $4,087, and $5,000 - *Support levels*: $1,750, $1,900, and $3,701 Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. However, with the current bullish sentiment and institutional interest, Ethereum's prospects are looking promising.⁴