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BTC $63,037.99 +0.09%
ETH $1,881.20 +0.12%
BNB $607.37 -0.01%
XRP $1.00 +0.37%
SOL $75.30 -0.01%
TRX $0.3310 -0.44%
DOGE $0.0695 -0.64%
ADA $0.1760 -2.09%
BCH $203.40 -0.56%
LINK $9.47 +5.53%
HYPE $56.87 +0.73%
AAVE $86.13 -0.21%
SUI $0.6768 -0.70%
XLM $0.1578 -0.01%
ZEC $487.04 -1.18%

Trader Eugene: After Ethereum historically broke through $2800, it quickly surged to $4000, and I will continue to hold long positions

2025-07-11 06:40:32

ChainCatcher message, trader Eugene posted in his personal community, stating, "As long as this time Bitcoin doesn't follow the old pattern of a false breakout followed by a sharp decline (which currently seems unlikely, but cannot be completely ruled out), Ethereum is likely to break through the key resistance zone of $2800.

Although I'm not quite sure about the specific timing (Bitcoin's dominance BTC.D may strengthen for a while), I believe the probability of Ethereum breaking through this resistance zone has significantly increased today.

Historically, Ethereum has only broken through $2800 three times, and each time the price quickly surged to around $4000. History doesn't simply repeat itself, but it often has similar rhymes. I will continue to hold my long position, preparing for a wild journey."

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