Ethereum Bulls Eyeing Key Zone Before Bull Run
Leading cryptocurrency analyst Ali Martinez highlighted Ethereum's 'final hurdle' before entering a bull market on Sunday. He noted that ETH needs to breach the $2,722-$2,822 zone to clear its major supply wall.
Martinez stated that once ETH decisively clears this zone, the next hurdles near $2,970 and $3,366 are comparatively smaller. Whale activity has also increased, with a 500% surge in $1 million+ ETH transactions over the week.
Ethereum co-founder Vitalik Buterin shared his vision for Ethereum's future, describing it as a 'cryptographic world computer' that merges blockchain with modern cryptography for better scalability, privacy, and efficiency. He expects the upcoming Hegota upgrade to be the network's last 'normal' hard fork.