Robert Kiyosaki, famed author of “Rich Dad Poor Dad,” has reaffirmed his bullish stance on Bitcoin, using vivid metaphors to describe his investment strategy amid soaring crypto prices. He identifies
Following the remarkable increases in the cryptocurrency market in the last 24 hours, BitMEX co-founder Arthur Hayes made an extremely optimistic prediction for altcoins. In a post on the X (formerly Twitter) platform today, Hayes claimed that a “monster altcoin season” will begin in the market. Hayes, who has long maintained a cautious stance, has now completely reversed this view and announced his ultra-bullish outlook. According to Hayes, the primary drivers of this new era will be market indicators and political developments in the US. His statements have resonated widely with both investors and analysts. Related News: Watch Out: Grayscale Announces the Possible Addition of 29 New Altcoins to its Investment Products - There Are Big Surprises, Here's the List Hayes had previously warned that the Treasury General Account (TGA) fill, the US Treasury Department's process of rebuilding cash reserves at the Fed, could pressure risky assets by draining liquidity from the market, which he argued could weaken short-term market sentiment. However, this week's sudden surges have virtually dispelled these concerns. Bitcoin's consecutive new highs in just two hours prompted Hayes to reassess the market. Hayes noted that Ethereum has also gained significant momentum during the same period, suggesting that the leading altcoin could be the precursor to a strong altcoin season. Hayes also highlighted market expectations that US President Donald Trump might soften his stance on tariffs. Using the humorous phrase “TACO” (Trump Always Chicken Out), Hayes argued that this policy could also create an environment favorable for risky assets. *This is not investment advice. Continue Reading: Surprising Statements from Arthur Hayes, Who Previously Expected a Decline: “Get Ready for a Monster Altcoin Season”
The Ethereum Foundation has completed a landmark sale of 10,000 ETH to SharpLink Gaming, signaling growing institutional confidence in Ethereum’s ecosystem. SharpLink Gaming’s strategic acquisition marks the largest direct ETH
Following an agreement with the Ethereum Foundation, SharpLink will be completing the purchase of 10,000 ETH in exchange for $25,723,680. This means that a unit of ETH will be going for $2,572.37. The over-the-counter (OTC) transaction closed on July 10, 2025. SharpLink Reinforces its Position in the ETH Ecosystem SharpLink’s acquisition of Ethereum (ETH) further deepens its association with the second-largest cryptocurrency by market capitalization. It is already touted as the world’s largest publicly traded company to adopt Ethereum as its primary treasury reserve asset. As it stands, SharpLink’s Ethereum holding has moved from 205,634 ETH, which was previously disclosed, to about 215,634 ETH. Following an 8.25% 24-hour surge in the altcoin’s price, 1 unit of ETH is currently trading at $3,003.52. This brings the value of SharpLink’s holdings to a total of approximately $647.66 million, but DeFiLlama pegged the value at $559 million at the time of this writing. Reinforcing Ethereum Ecosystem Health Beyond expanding its corporate ETH treasury, the recent development is the Nasdaq-listed company’s strategy of showing support for the long-term strength and decentralization of Decentralized Finance’s (DeFi) largest asset. Speaking of the milestone, the firm’s Chairman and Ethereum co-founder, Joseph Lubin, noted that acquiring ETH is SharpLink’s contribution towards controlling the supply of the coin. This tactic could boost the price of ETH. “SharpLink is acquiring, staking, and restaking ETH as responsible industry stewards, removing supply from circulation and reinforcing the health of the Ethereum ecosystem,” Lubin outlined. SharpLink Adopts ETH in Corporate Treasury Like several other top firms , the Minneapolis-based tech company decided that it would adopt Ethereum as its main treasury asset. As a result, it has been investing in the acquisition of the coin . It has raised about $425 million in a private placement led by Consensys, a crypto infrastructure developer led by Lubin. This ETH corporate treasury decision, which was made about a month ago, reflects its strong commitment to blockchain-based assets and its goal to be a leader in the digital finance niche. Ultimately, the goal is to grow its ETH holdings, stake them on Ethereum’s Proof-of-Stake (PoS) network, and increase the amount of ETH each investor owns. Meanwhile, the ETH price is exhibiting strength, and investors are hoping that it remains so for a long time. The post SharpLink Gaming Scoops 10,000 ETH From Ethereum Foundation appeared first on TheCoinrise.com .
Bitcoin’s record-breaking climb past $118,000 isn’t tied to Fed policy or equities. Instead, analysts say spot ETF demand and corporate treasury strategies are driving this historic move. Meanwhile, altcoins are surging in BTC’s wake. Bitcoin ( BTC ) shattered its previous all-time high of $116,000 on July 11, peaking at $118,872 before settling near $117,300, pulling a 3% daily gain that masked the frenzy beneath the surface. Ethereum ( ETH ) outpaced BTC with a 7% surge, reclaiming $3,000 for the first time since February, while memecoins like Dogecoin ( DOGE ) and Shiba Inu ( SHIB ) posted double-digit rallies. According to Thomas Perfumo, Kraken’s global economist, Bitcoin is “breaking a months-long range” and entering fresh territory for price discovery. Perfumo noted that over $1 billion in short positions were liquidated in the last 24 hours alone, while Bitcoin dominance slipped slightly—a rare sign that altcoins are leading the charge. “Concurrently, strength in U.S. equities, currently trading at or near all-time highs, is showcasing a robust risk-on environment, a supportive backdrop for crypto,” Perfumo said in a statement obtained by crypto.news on Friday. With Bitcoin dominance dipping to 54%, the market is witnessing a rare convergence, one where institutional accumulation and derivatives chaos fuel gains across the board, not just at the top. The question now isn’t whether macro matters, but whether crypto’s market mechanics have permanently decoupled from traditional triggers. You might also like: DDC announces $100m Bitcoin treasury partnership with Animoca Brands Market structure, not macro, is steering the rally What distinguishes this rally from previous surges is its foundation. Analysts aren’t pointing to central banks or macro volatility as the spark. Instead, they’re watching structural flows inside the crypto market itself, most notably the direct impact of spot ETF demand. Bitcoin ETFs logged their biggest single day of inflows in 2025 on Thursday, pulling in $1.18 billion, according to SoSoValue data . Ethereum ETFs followed suit with their second-strongest performance of the year at $383 million. These are not speculative futures bets or proxy trades through microcap equities. They are direct, capital-intensive commitments to spot assets. Nicolai Sondergaard, research analyst at Nansen, views the breakout through that lens. “In my view, this isn’t a macro-driven rally, but rather an isolated event. That said, recent U.S. policy developments such as fiscal expansion and expectations of further monetary easing have created a backdrop that is undeniably favorable for Bitcoin. We’re seeing Bitcoin treasury strategies proliferate across companies, which reflects growing institutional confidence in BTC as a balance sheet asset,” he also said in a statement sent to crypto.news. Sondergaard emphasized that Bitcoin’s clean break through key liquidation levels, and its ability to hold above them, acted as a trigger point for this latest market-wide rally. What comes next hinges on sustainability. Past rallies relied on macroeconomic tailwinds. This one is testing whether crypto’s internal mechanics, such as ETF flows, corporate adoption, and derivatives markets—can independently support valuations. If so, we may be witnessing the birth of a new market paradigm, one where crypto writes its own rules. Read more: DDC announces $100m Bitcoin treasury partnership with Animoca Brands
The cryptocurrency world is constantly evolving, marked by innovation, expansion, and crucial collaborations that reshape its landscape. A recent announcement has sent ripples of excitement through the digital asset community: a groundbreaking blockchain partnership poised to redefine possibilities within the decentralized finance (DeFi) space. Tron , a prominent player in the decentralized platform arena, has officially joined forces with Binance Alpha , a move that promises significant advancements for the entire crypto ecosystem . This pivotal collaboration was personally unveiled by Tron founder Justin Sun on X, confirming what many in the community had anticipated. Binance Alpha, for its part, had already signaled its robust support for the Tron blockchain , setting the stage for this strategic alliance. What does this mean for the future of TRX , the native token of the Tron network, and for users across the globe? Let’s dive deep into the implications of this monumental partnership. What Does the Tron-Binance Alpha Partnership Entail for the Crypto Ecosystem? At its core, this partnership represents a strategic alignment of two significant entities within the digital asset space. While Tron has long established itself as a robust and high-throughput blockchain platform, known for its focus on decentralized applications (dApps) and media content sharing, Binance Alpha brings its own unique strengths and user base to the table. The official announcement from Justin Sun underscores a formalized commitment from both sides to work synergistically. For the broader crypto ecosystem , such collaborations are vital. They foster interoperability, enhance liquidity, and expand the reach of various blockchain technologies. Binance Alpha’s explicit support for the Tron blockchain means more than just a nod of approval; it implies potential integrations that could significantly boost Tron’s utility and adoption. This could manifest in various ways, from listing support for Tron-based tokens to facilitating easier access to Tron’s dApps and services for Binance Alpha users. Consider the immediate benefits: Enhanced Visibility: Tron and its ecosystem gain exposure to Binance Alpha’s user base. Increased Liquidity: Deeper liquidity pools for TRX and other Tron-based assets. Broader Adoption: Simplified access to Tron’s network could attract new users and developers. Innovation Catalyst: The partnership may spur new joint ventures or projects leveraging both platforms’ strengths. Why is This Blockchain Partnership a Game Changer for TRX? The native cryptocurrency of the Tron network, TRX , stands to be a primary beneficiary of this strategic blockchain partnership . TRX is fundamental to the Tron ecosystem, used for transaction fees, staking, and governance. Any development that increases the utility, demand, or accessibility of the Tron network directly impacts TRX’s value proposition. With Binance Alpha’s official backing, TRX could experience several positive shifts: Aspect Impact on TRX Accessibility Potentially easier on-ramps and off-ramps for TRX , making it more accessible to a wider audience. Utility Expansion New use cases or integrations within Binance Alpha’s offerings could drive demand for TRX . Market Confidence A high-profile partnership can bolster investor and user confidence in TRX and the Tron network’s long-term viability. Ecosystem Growth Increased developer activity and dApp usage on Tron would naturally lead to more transactions involving TRX . This partnership signals a strong vote of confidence in Tron’s technology and its vision, potentially paving the way for increased institutional interest and retail adoption of TRX . How Does Justin Sun’s Vision Propel the Tron-Binance Alpha Alliance? Justin Sun, the enigmatic founder of Tron , has always been a vocal proponent of decentralized technologies and the expansion of the Tron ecosystem. His direct announcement on X (formerly Twitter) about the blockchain partnership with Binance Alpha highlights the strategic importance he places on such collaborations. Sun’s vision for Tron has consistently revolved around making blockchain technology accessible and impactful for everyday users, particularly in areas like content creation, entertainment, and DeFi. This alliance with Binance Alpha aligns perfectly with that vision. It demonstrates a proactive approach to forming alliances that can bridge different segments of the crypto ecosystem , thereby enhancing Tron’s reach and utility. Sun’s ability to forge these high-level partnerships is a testament to Tron’s growing influence and its commitment to fostering a more interconnected decentralized world. His involvement ensures that the partnership is not merely a technical integration but a strategic move designed to maximize mutual benefits and accelerate the growth of both ecosystems. It’s about leveraging Binance Alpha’s strengths to bring more users and opportunities to the Tron blockchain . What Are the Actionable Insights for Users and Developers in the Tron Ecosystem? For individuals and teams operating within the Tron ecosystem , this partnership opens up a new realm of possibilities. Whether you’re a seasoned investor, a dApp developer, or a new user exploring the world of cryptocurrencies, there are tangible takeaways from this alliance. For Users: Monitor Integrations: Keep an eye on Binance Alpha’s platform for new features or services that directly integrate with the Tron blockchain . This could include new trading pairs for TRX , staking opportunities, or even simplified access to Tron-based dApps. Explore New Opportunities: The increased liquidity and user base might lead to new financial products or yield-generating opportunities involving TRX . Stay Informed: Follow official announcements from both Tron and Binance Alpha to understand how the partnership evolves and what new functionalities become available. For Developers: Expanded Reach: Building on the Tron blockchain now potentially offers direct access to a wider audience through Binance Alpha’s channels. This could translate into more users for your dApps and projects. Potential for Joint Initiatives: The partnership might lead to hackathons, grants, or collaborative development programs that encourage innovation within the Tron ecosystem. Enhanced Infrastructure: Binance Alpha’s support could contribute to a more robust and efficient underlying infrastructure for Tron, benefiting all developers building on the network. This collaboration is a clear signal that both entities are committed to long-term growth and innovation, making it an exciting time for anyone involved with Tron or interested in the future of the crypto ecosystem . Looking Ahead: The Future Impact of This Alliance on the Blockchain Landscape The Tron-Binance Alpha partnership is more than just a news headline; it’s a testament to the ongoing maturation of the blockchain industry. As the digital asset space continues to evolve, strategic alliances between major players become increasingly important for fostering growth, ensuring security, and driving mainstream adoption. This particular blockchain partnership exemplifies a trend towards greater collaboration and interconnectedness within the decentralized world. The success of this alliance could serve as a blueprint for future collaborations, demonstrating how different platforms can leverage each other’s strengths to create a more robust and user-friendly crypto ecosystem . It highlights the power of synergy in a rapidly expanding technological frontier. In conclusion, the partnership between Tron and Binance Alpha , spearheaded by Justin Sun’s vision, marks a significant milestone. It promises to enhance the utility and reach of TRX , foster innovation within the Tron blockchain , and contribute positively to the overall health and growth of the global crypto ecosystem . The coming months will undoubtedly reveal the full extent of this powerful alliance’s impact. To learn more about the latest crypto market trends, explore our article on key developments shaping the blockchain landscape and its future price action.
Precious metals enthusiast and entrepreneur Peter Schiff has been spotlighting silver’s recent momentum—and taking a few jabs at bitcoin in the process, calling it a “distraction.” As Bitcoin Soars, Schiff Says Silver Is the Real Moonshot Investors Are Missing On Thursday, as bitcoin blasted past its previous all-time highs this year, the longtime gold advocate
Ethereum has surged past the $3,000 mark, driven by increasing trading volume and robust bullish momentum, positioning itself for a potential climb to $4,000 and beyond. The breakout from a
Are you ready for a seismic shift in the world of political memecoins? The cryptocurrency landscape is constantly evolving, and a significant event is on the horizon that could send ripples across the market. Next week, a substantial portion of the TRUMP token supply, specifically over 9%, is scheduled to unlock. This isn’t just any unlock; it’s valued at an astounding $900 billion, according to Sentora (formerly IntoTheBlock), citing data from Tokenomist. Such a colossal release of tokens demands immediate attention from anyone invested in or observing the crypto space. What is the TRUMP Token and Why Does This Unlock Matter? The TRUMP token is one of the most prominent examples of a ‘political memecoin’ – a cryptocurrency whose value and community are often tied to political figures or movements. While many memecoins are known for their volatility and speculative nature, those linked to real-world political narratives can exhibit unique price dynamics, often reacting to news, polls, and election cycles. The upcoming unlock of such a significant portion of its supply is a critical event for several reasons: Supply Increase: When tokens unlock, they become available for trading. This sudden increase in circulating supply can put downward pressure on the token’s price, assuming demand remains constant or doesn’t increase proportionally. Investor Behavior: Early investors or team members who held these locked tokens might decide to sell some or all of their holdings, especially if they’ve seen substantial gains. This selling pressure directly impacts the market. Market Sentiment: News of a large unlock can create FUD (Fear, Uncertainty, Doubt) among existing holders, potentially leading to pre-emptive selling. Conversely, if the market absorbs the unlock well, it can signal strength. Understanding these mechanics is crucial for anyone looking to navigate the volatile waters of memecoins and the broader crypto market impact . Understanding Token Unlocks: A Deep Dive for Investors Token unlocks are a common occurrence in the cryptocurrency world, but their scale and implications vary widely. Essentially, a token unlock refers to the release of previously restricted tokens into the open market. These restrictions are typically part of a project’s vesting schedule, designed to ensure long-term commitment from founders, team members, and early investors. Think of it like a stock option plan where employees can’t sell their shares immediately; they have to wait until they ‘vest’. Here’s a closer look at why token unlocks are implemented and their typical effects: Vesting Schedules: Most crypto projects allocate a portion of their total token supply to core teams, advisors, and early-stage investors. To prevent a ‘dump’ of tokens immediately after launch, these allocations are locked up for a certain period, then gradually released over months or years. This promotes a long-term vision and aligns interests. Price Volatility: The most immediate and noticeable effect of a large unlock is often increased price volatility. If a significant amount of supply becomes liquid, and holders decide to sell, it can lead to sharp price drops. Conversely, if demand is strong, the market might absorb the new supply with minimal impact. Liquidity Enhancement: While potentially bearish for price in the short term, unlocks also increase the token’s circulating supply and, by extension, its liquidity. More liquid markets are generally healthier as they allow for easier entry and exit for traders without causing drastic price swings. Transparency and Predictability: Reputable projects publish their vesting schedules, allowing investors to anticipate unlocks. This transparency helps in making informed decisions and reduces sudden shocks. However, even with transparency, the market’s reaction can be unpredictable. The sheer magnitude of this specific TRUMP token unlock, representing over 9% of the total supply and a staggering $900 billion valuation, makes it an event that cannot be overlooked. It’s a prime example of how tokenomics directly influences market dynamics. What is the Potential Crypto Market Impact of This TRUMP Token Unlock? When a significant portion of a token’s supply, especially one with such a high valuation, becomes liquid, it inevitably creates a ripple effect. The immediate concern for many investors will be the potential for downward price pressure on the TRUMP token itself. If a substantial number of these newly unlocked tokens are sold, the increased supply without a corresponding surge in demand could lead to a decline in value. However, the impact isn’t always one-sided. Consider these scenarios: Selling Pressure: The most direct impact. If early investors or the project team decide to take profits, this could flood the market with sell orders. Increased Trading Volume: Unlocks often coincide with higher trading volumes as both buyers and sellers react to the new supply. This increased activity can sometimes lead to more efficient price discovery. Market Absorption: It’s possible that the market has already ‘priced in’ the unlock, meaning investors have anticipated and adjusted their positions. Strong demand or new positive developments could also absorb the new supply with minimal negative impact. Broader Sentiment: While primarily affecting the TRUMP token, a significant price movement in a high-profile political memecoin could briefly influence sentiment in the broader memecoin market or even parts of the wider crypto market, particularly if it triggers a ‘risk-off’ mentality. Given the political context surrounding the TRUMP token, its price action might also be influenced by real-world events and sentiment leading up to and during the unlock period. This adds another layer of complexity to predicting its crypto market impact . Navigating the Volatility: An Investor Strategy for the TRUMP Token Unlock For current and prospective holders of the TRUMP token , developing a clear investor strategy is paramount. Volatility is a given in the crypto market, but events like large token unlocks amplify it. Here are some actionable insights to consider: For Current Holders: Assess Your Risk Tolerance: How much are you willing to lose? If a significant price drop would be detrimental, consider taking some profits before the unlock, or setting stop-loss orders. Monitor On-Chain Data: Platforms like Sentora (IntoTheBlock) and Tokenomist provide valuable insights into token distributions, whale movements, and unlock schedules. Keeping an eye on these can give you an edge. Diversify: Never put all your eggs in one basket, especially with speculative assets like memecoins. Ensure your portfolio is diversified across different asset classes and crypto sectors. Re-evaluate Your Thesis: Why did you invest in TRUMP token in the first place? Does the unlock change your long-term outlook for the project or its utility (if any)? For Prospective Investors: Dollar-Cost Averaging (DCA): Instead of buying a large sum at once, consider spreading your purchases over time. This strategy can help mitigate the risk of buying at a peak, especially during periods of high volatility. Wait and Observe: Sometimes, the best strategy is to wait until the unlock event has passed and the market has absorbed the new supply. This allows for clearer price discovery. Deep Research: Beyond just the unlock, understand the token’s fundamentals, community strength, and the broader political landscape it’s tied to. Ultimately, a robust investor strategy is built on informed decisions, not impulsive reactions. The upcoming unlock is a test of market resilience and investor preparedness. The Future of Political Memecoins: Beyond the Unlock The phenomenon of political memecoins like TRUMP token highlights a fascinating intersection of internet culture, finance, and real-world politics. While highly speculative, they often gain traction due to strong community engagement and their ability to tap into collective sentiment. The success or failure of these tokens often hinges on factors far beyond traditional crypto fundamentals, including political events, public perception, and even celebrity endorsements. Looking beyond this specific unlock, the trajectory of political memecoins will likely depend on: Election Cycles: As key political events approach (e.g., presidential elections), these tokens often see increased attention and volatility. Community Strength: A dedicated and active community is vital for memecoins to sustain interest and trading volume. Broader Crypto Adoption: As more people enter the crypto space, the audience for novel and niche tokens expands. Regulatory Landscape: The evolving regulatory environment for cryptocurrencies could impact how political memecoins are viewed and traded. While the immediate focus is on the impending unlock, the long-term viability of tokens like TRUMP will be a fascinating case study in the evolving narrative of digital assets. Conclusion: Preparing for the TRUMP Token Wave The impending unlock of over 9% of the TRUMP token supply, valued at a staggering $900 billion, is undoubtedly a significant event for its holders and the broader crypto community. It underscores the critical importance of understanding tokenomics and how vesting schedules can impact market dynamics. While such a large unlock can introduce short-term volatility and potential selling pressure, it also serves as a crucial test of market maturity and liquidity. For investors, this moment calls for a well-thought-out investor strategy , focusing on risk management, diversification, and continuous market monitoring. Whether you’re a seasoned trader or new to the world of political memecoins , staying informed about these developments is key to navigating the ever-changing tides of the crypto market impact . To learn more about the latest crypto market trends, explore our article on key developments shaping the cryptocurrency landscape and future price action.
Ethereum just broke above the critical $3,000 level, marking a major technical milestone after surging over 20% since Tuesday. This decisive breakout signals renewed strength in the second-largest cryptocurrency, with bulls reclaiming control after weeks of tight consolidation. The move is reigniting interest across the broader altcoin market, which had remained relatively muted during Bitcoin’s recent rally to all-time highs. Now, with ETH leading the charge, many altcoins are showing signs of reversal and upward momentum. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? According to top analyst Ted Pillows, a key factor behind Ethereum’s rally is the large concentration of liquidity resting just above the $3,000 mark. Once Ethereum cleared the $2,850 resistance, momentum rapidly accelerated, driving price through the $3,000 level and into a new range of opportunity. This rally comes amid a broader shift in market sentiment. As Bitcoin sets record highs, Ethereum and other altcoins appear poised to catch up. The big question now: can ETH maintain this level and lead a full altcoin season, or is this just a temporary breakout before another round of consolidation? Ethereum Breaks Out Of Consolidation Range Ethereum has spent the last several weeks consolidating within a clearly defined range that began in early May. The altcoin hovered between support around $2,800 and resistance just below $3,000, with multiple failed attempts to break above. That changed yesterday. ETH finally closed above this key resistance, signaling a potential breakout and confirming the start of a new bullish phase. This move comes as broader macroeconomic conditions improve. Strong labor market data in the US, alongside signs of de-escalation in several global conflicts, have helped reduce uncertainty and reignite risk appetite across financial markets. With Bitcoin reaching new highs and risk-on sentiment returning, Ethereum’s breakout may signal the next wave of upside for altcoins. Top analyst Ted Pillows highlighted a key technical factor: “ETH liquidity is lying above $3,000 — and liquidity is a magnet.” This means that large clusters of buy and stop orders are concentrated above this level, attracting price movement toward those zones. Now that Ethereum has broken past resistance, the presence of high liquidity could accelerate its move upward as traders chase momentum. The breakout also holds symbolic weight. It shows that investors are regaining confidence in Ethereum’s value proposition, particularly with the broader altcoin market showing signs of life. If ETH can hold this breakout and establish $3,000 as new support, the next leg higher could materialize quickly, opening the door to targets in the $3,400–$3,600 range. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason ETH Breaks Major Resistance Ethereum (ETH) has decisively broken above the psychological and technical resistance at $3,000, closing its most recent candle at $3,008.97. This breakout follows a strong 15% daily surge, as seen in the chart, marking a powerful move backed by growing bullish momentum. Volume has expanded significantly, confirming trader conviction and institutional participation in this move. The breakout puts an end to nearly two months of sideways action, with ETH previously locked between the $2,500–$2,850 range. The 200-day simple moving average (SMA), currently near $2,796, was breached with strength, acting as a springboard for price acceleration. The reclaim of this moving average adds technical validation to the breakout and signals the beginning of a new bullish leg. Related Reading: Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves ETH is now in a key zone for potential continuation. As long as bulls defend the $2,850–$2,900 level as support, Ethereum has room to rally toward $3,400 and beyond. With Bitcoin trading at all-time highs and macro conditions turning favorable for risk assets, ETH could lead the next wave of altcoin expansion. Featured image from Dall-E, chart from TradingView