[Analysis] "Ethereum up 11% in 7 days... Potential to break $3,000"
Suehyeon Lee
Summary
- Ethereum (ETH) has risen 11% in the past 7 days, raising the possibility that it could break through $3,000 in the short term.
- A CoinDesk analyst pointed out that Ethereum is showing bullish patterns on both on-chain data and charts.
- It was reported that the passage of the U.S. stablecoin regulation bill and capital inflows into the Ethereum Spot ETF have contributed to Ethereum's upward trend.
Ethereum (ETH) rose 11% over the past week, with analysis suggesting it could temporarily break through the $3,000 mark.
On the 30th (local time), CoinDesk analyst Omkar Godbole stated, "Ethereum is showing bullish patterns in both on-chain data and charts, and the possibility of breaking $3,000 in the short term remains open."
In fact, over the past 7 days, Ethereum has risen 11%, outperforming Bitcoin (BTC). CoinDesk analyzed that this uptrend was influenced by the passage of the U.S. stablecoin regulation bill (GENIUS) and steady capital inflows into Ethereum Spot ETF.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
