Ethereum, that old fox, has pranced back to life with an 8% leap in just a day. Since the Pectra upgrade—oh, what a miracle!—it’s soared over 50%, turning heads and wallets alike. Looks like the crypto beast is hungry for more, or perhaps just bored of lying low.
Pectra Upgrade Sparks ETH Rally?
After a long silence that made investors scratch their heads and question the universe, Ethereum ( ETH) is back with a vengeance. One moment it’s limping, the next it’s boasting an 8% gain in 24 hours. Since that magic Pectra potion was poured on May 7, ETH has grown more than 50%, practically shouting “look at me, I’m hot stuff now!”
The top digital asset’s athleticism is partly blamed on whispers like “Nasdaq-listed Sharplink Gaming plans to make ETH its piggy bank,” which is about as subtle as a marching band. They aim to turn ETH into their treasury mainstay via a cool $425 million PIPE—because who wouldn’t want a piece of that crypto cake?
And if that wasn’t enough, Ethereum futures have hit a staggering $36.1 billion—an all-time high, naturally. Looks like the big guys are showing interest, probably wondering if ETH can finally rocket past that annoying $3,000 mark before it hits the moon or nose dives into the abyss. 🤷♂️
Arthur Azizov, the prophet of B2 Ventures, boldly declared, “The stage is set for a $3,000 breakout, folks!” That’s right, he’s betting the house (or at least a comfy sofa) on ETH’s rise. According to him, with institutions sniffing around like dogs after a bone, the bullish wave might just carry ETH past the sneaky $2,750 resistance—oh, the suspense!
He also pointed out that ETH tested the $2,750 zone twice this month—so either it’s taking a breather—or ready to explode like a shaken soda bottle. The technicals suggest the latter, with RSI near 68—almost overbought but not quite, so hold your breath!
B2 Ventures added their two cents: yes, things look good from the fundamentals side. Sharplink Gaming’s big plans to treat ETH as their treasure chest give the bullish crowd hope—while warnings about reckless leverage and volatile waters remind us all that the crypto sea is a wild one. A sudden plunge below $2,550 could unleash a “selling waterfall,” so beware or bring your umbrella! 💦
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2025-05-30 11:01