Ethereum Price Eyes Breakout to $3k, Amid Dollar Weakness?

Ethereum shows signs of a major increased escape, because macroeconomic and chain trends are aligned with the historical behavior of the market. Trading at $ 2,593.20, Ethereum climbed 8.16% in last week. It experienced a 24 -hour negotiation volume of $ 14.76 billion, an increase of 3.58% in market capitalization and recovered support over $ 2,580. The optimistic decision has influenced investors and traders to pay attention to the movements of Ethereum prices.

Will the US dollar index (DXY) increase the price of ETH?

According to an analyst post Crypto uncleWho recently displayed a convincing analysis based on the graph, Ethereum can be ready for a significant increase movement. He emphasizes that the reverse correlation between ETH and the Dxy was held strong. And that we could attend a parabolic decision in 2025, as historically shown in 2020 and 2022.

In the comparative table shared by him, Dxy Tops (red line) is aligned historically with Ethereum Bottoms (Blue Line). With the Dxy completing at the end of 2023 and now showing an aggressive weakness, the ETH seems to be moving upwards from a lower low, which is generally a bullish accumulation signal.

Ethereum price analysis (ETH):

As shown in the 4 -hour ETH price table, Altcoin has consolidated with its key resistance at $ 2,735.89 and its psychological resistance at $ 3,000. The Haussier movement could be amplified by strong daily volumes, ETF entrances and an institutional thrust like that of Blackrock. Unlike ETH could find support at $ 2,479.50, forming a higher low model.

Although history may not repeat itself perfectly, it seems to rhyme. The positioning of Ethereum in this macro cycle, combined with a weakness in dollars and institutional interests, we can expect the level of $ 3,000 to set up.

Also read our Prix prediction Ethereum (ETH) 2025, 2026-2030!

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