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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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