Ethereum Market Cap Explodes 12% as Resistance Holds

Ethereum’s market capitalization has experienced a significant surge in the past 24 hours, rising by a substantial 12%, according to data from IntoTheBlock. This impressive performance is fueled by limited resistance, with sellers showing strong presence around the $1,860 mark. If Ethereum overcomes this level of resistance, it could break through the psychological threshold of $2,000 and signal an even stronger upward trend.