tldr; Ethereum has reached new staking highs with over 36 million ETH staked, representing nearly 30% of its total supply. The cryptocurrency is testing the $3,300–$3,400 price range after breaking out of key technical patterns, including a falling wedge and double bottom. Analysts suggest a potential move toward $3,900–$4,000 if the price holds above $3,300. Additionally, new wallet activity on the Ethereum network has surged, indicating increased engagement from first-time users. These developments reflect growing confidence in Ethereum’s long-term outlook.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
AgitatedDragonfly769 on
I’m ready for the pump
Thane90 on
staking highs usually mean people think its topped out. not chasing 4k from here tbh
3 Comments
tldr; Ethereum has reached new staking highs with over 36 million ETH staked, representing nearly 30% of its total supply. The cryptocurrency is testing the $3,300–$3,400 price range after breaking out of key technical patterns, including a falling wedge and double bottom. Analysts suggest a potential move toward $3,900–$4,000 if the price holds above $3,300. Additionally, new wallet activity on the Ethereum network has surged, indicating increased engagement from first-time users. These developments reflect growing confidence in Ethereum’s long-term outlook.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I’m ready for the pump
staking highs usually mean people think its topped out. not chasing 4k from here tbh