Ethereum Soars 31% in Hours, Signals Bullish Trend Reversal

  • Ethereum (ETH) has surged by a staggering 31% in just a few hours, igniting renewed bullish sentiment across the crypto market. This breakout has pushed ETH above several key resistance levels, including the 50, 100, and 150-day EMAs, with the 200-day moving averageoften seen as the trend reversal linenow sitting below the $2,300 level that Ethereum has decisively crossed.