The driver’s spoil pattern indicates a 4,000 -dollar rally, as Trump, Sol, ADA and XRP for the encryption reserve

The price of ETHEREUM increased by 15 %, increasing from 2200 dollars to $ 2550 in one heatical hour on Sunday, March 2, after Trump confirmed that ETH was inserted into the official strategic coding reserve.

ETHEREUM (ETH) increases by 15 %, as Trump confirms ETH in the encryption reserve

Ethereum Price was severely scrutinized during the weekend, as the market reaction was with Trump’s official assertion of the long -awaited strategic reserve.

It is worth noting that Trump was initially deleted from the Altcoins menu to be included in the strategic reserve of assets. The advertisement, which came at noon in the American trading session, had only appeared in Sol, ADA and XRP, which raised fears that ETH was excluded due to the last network update and driving changes.

It is clear that BTC and ETH, like other cryptocurrencies, will be at the heart of the reserve. I also love Bitcoin and Ethereum!

Donald Trump, through social truth, March 2, 2025

Within an hour, the prices of Sol, XRP, Ada and Bitcoin rose with double numbers, while ETH remained rooted at $ 2200. However, nearly two hours after the initial advertisement, Trump issued another publication that shows that both ETH and BTC were also included in the assets list that will be obtained by the US Treasury.

After this clarification, the ETH price immediately joined the gathering. Within one hour of Trump’s second function, ETHEREUM rose by 15 %, moving from $ 2200 to recover land over the level of $ 2,550.

The bulls establish 80 % dominance in the ETH Mashqat market

Given that XRP and Cardano have now recorded gains exceeding 20 % at the time of the press, ETH can witness more upward trend, especially since investors who are taking from the United States carrying investment funds traded in the United States can install the main purchase orders when the markets are reopened on Monday 3 March.

The movements that were observed in the derivative market show that some strategic merchants published a huge crane on Sunday in the hope of reserving amplified profits if the trading week begins with a positive note, as expected widely after Trump included ETH in the strategic coding reserve.

Coinglass liquidation map, which measures the balance of financial leverage in the actual time scattered in future contracts active contracts against short pants, shows great domination on Sunday, hinting that the majority of traders are betting on more gains when they reopen the markets for this week.

The ETH map above shows that the bulls launched a total of $ 1.14 billion at the time of the press on Sunday, while the short financial lever diminished to only 333 million dollars. This reflects that the bulls now dominate the ETH market, with a long crane that exceeds the short pants by about 70 %.

In compliance with the news events, short traders choose to close their sites early instead of the greatest losses, as the current ETH prices have the support of the United States government.

With the US government appointing to start the official process of purchasing ETH, BTC, Sol and Ada, the current bullish preparation can continue in the derivative market.

Unless another other declining stimulus arises, the Eth is about to face weak resistance levels as it approaches the sign of $ 3000 next week, as it is involved in short positions in the derivative market.

The leadership at Ethereum Foundation also raised market feelings

Another major factor that contributes to the positive swing in the market momentum in Ethereum, which is the change in the leadership announced by Ethereum on Saturday, March 1.

HSIO-WEI Wang, the seven-year-old primary researcher, has appointed Stańczak, CEO of Nethermind, as participating executives. This leadership restructuring aims to enhance technical expertise and improve communication within the ethereum ecosystem.

In the wake of the recent differences surrounding the network updates, this leadership raised the morale of investors before President Trump announced on Sunday.

ETH price expectations: decrease in sorry pattern hints

After the gains of 15.72 % during the day, the expected plans in the ETHEREUM price continues to flash the ups of the ups of the ups and a potential crowd of about $ 4000 with the launch of March 2025 with a positive note.

As shown below, the 12 -hour Ethusdt chart reveals the outbreak of a wedge that drops a textbook, a strong reflection pattern historically. If a decisive closure over the upper trend line is confirmed near $ 2,500, the ETH price may advance to $ 3000, especially since the 70 % ups of the upright in the derivative market alludes the weakest resistance groups at the next main price levels.

The falling pattern is usually displayed a measured step equal to the high formation, as the current goal indicates a possible rise in the price of ETH about 4000 dollars in the coming weeks.

The strong upholstery candle on the strong collapse signals in the purchase, reinforced by increasing size, which confirms the validity of the reflection of the direction. The price currently hovers about $ 2514, with the next main resistance area near 2800 dollars, which was previously working as an supply area. If Ethereum has surveyed this level, the momentum may accelerate about $ 3,200-3400 dollars, and is in line with the upper limit of historical resistance. A sustainable step above this threshold would verify the right goal of resting near $ 4,000.

On the other hand, failure to keep more than $ 2,500 can call for the sale of pressure, which may re -test the previous resistance level that has turned to $ 2300. A break below this threshold may nullify the bullish setting, which opens the door for a deeper decline. However, given the penetration power, Ethereum bulls appear to be prepared to make other gains in the short term.

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Ibrahim

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