According to an X post by crypto analyst CryptoGoos, Ethereum (ETH) may be nearing the end of a bear trap. The analyst predicts that the cryptocurrency could surge past its recent range high of $4,000, potentially eyeing a new all-time high (ATH) of $10,000.
Ethereum Breaking Out Of The Bear Trap?Ethereum appears poised to break free from a potential bear trap, as the second-largest cryptocurrency by market cap continues to trade in the low $2,000 range after enduring a strong sell-off since December 2024.
Can we expect a massive accumulation of Bitcoin during the presidency of US President Donald Trump? If we base it on the recent statements of Bo Hines, Trump’s pick to head its Digital Assets section, the industry will soon see an aggressive investment strategy from the US government.
Hines shared the department’s plan during a speech at the digital assets summit. He mentioned they plan to invest “as many Bitcoins” as possible.
Dogecoin (DOGE) is flashing bullish signals despite the broader market retrace, as the number of wallets holding 1 million DOGE has surged considerably. With the Dogecoin millionaire club finally making big moves again, DOGE bulls are aiming for a sharp rebound to the $1 target.
The anticipated XRP ETFs and inclusion in the US digital asset stockpile could significantly boost XRP's market legitimacy and adoption.
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