Ethereum Breaks $4,500 Barrier: Whale Activity Fuels Bullish Run

Ethereum has surged past its key support level of $2,800, reaching a new all-time high around $4,500. This bullish momentum is attributed to several factors including the expanding decentralized finance (DeFi) sector and increased investment from institutional players. Analysts note that these developments, alongside technical indicators, suggest an increasingly positive outlook for Ethereum’s price trajectory.