Ethereum Breaks Out, Bulls Take Charge After Major Weekly Shift

After weeks of stagnation, Ethereum (ETH) has experienced a powerful resurgence. With the weekly MACD flipping bullish, signaling renewed momentum and institutional buying pressure, the altcoin is reclaiming its 5-year trendline and reaching highs above $2,000. This breakout follows significant gains driven by positive news on US-UK trade talks and increased trading activity, fueled by a surge in derivatives market activity.