The price of ETHEREUM (ETH) has witnessed a similar fluctuation for BTC during the past 24 hours, following the dispute between Eleon Musk and US President Donald Trump. The large large evaluation, with a fully diluted evaluation of about 300 billion dollars and the average trading volume in 24 hours, is about 18.5 billion dollars, which has recovered from a decisive support level of about 2,407 dollars within the past 24 hours to trade about 2478 dollars on Friday, during the trading session in late North America.
However, the recent encryption recovery raised fears of a potential dead cat. Moreover, the dispute between Trump and Misk may continue to divide the encryption market.
Blackrock leads Ethereum accumulation
According to data analysis on the series, Blackrock has gradually turned its focus from Bitcoin to Ether in the past few days. Last week, Etha of Blackrock recorded a net cash flow of more than $ 492 million to bear about $ 4.84 billion in the net cumulative cash flow at the time of writing this report.
The Cash rotation of the gradual encryption from Bitcoin to Ethereum led to the long -awaited Altseason narration.
What after ETH price?
Since the launch of the falling trend line in the first quarter, the ETH price has been a trend with a higher level of higher levels and its lowest levels in low time frames. However, Altcoin has been combined in a narrow range between $ 2,400 and $ 2,679 in the past few weeks.
From the perspective of technical analysis, the price of ETHER is in a good position for the gathering above $ 3,000 if buyers can pay Altcoin above $ 2,679 in the coming weeks. However, a constant closure less than $ 2.4,000 will indicate more short -term feelings towards $ 2.2,000.
