Ethereum Price Prediction: What’s Next for ETH After Massive Rally From $1.9K to $2.5K?

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AI Fusion Summary

Ethereum is consolidating below the $2.5K resistance zone following a significant rally from $1.9K. While technical structures have improved and exchange reserves continue to decline, the $2.5K level remains a critical determinant for future price movement. Simultaneously, Bitmine has expanded its holdings by adding 53.5K ETH, now controlling 4.9% of the total supply. This follows a consistent accumulation strategy spanning 65 consecutive weeks, despite facing $5.1 billion in paper losses during the crypto downturn.
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