Ethereum (ETH) Price Prediction: ETH Bulls Target $2,600 After Fresh 30,000 ETH Buying

• ETH holds above key EMAs as bulls prepare for a potential $2,600 breakout.
• Fresh whale purchases worth $73.6 million could reinforce Ethereum’s recovery.
• Rising open interest signals renewed activity but raises leverage-driven risks.

Ethereum is holding above key moving averages as traders assess whether the latest consolidation can fuel another breakout. ETH trades near $2,466 after cooling from its recent advance toward $2,549. However, buyers continue defending the $2,448.7 20 EMA on the four-hour chart. That support keeps the short-term structure constructive despite weaker momentum.

Moreover, renewed whale accumulation has added another bullish element to the current setup. Two fresh addresses recently accumulated 30,000 ETH worth roughly $73.6 million combined. Their possible connection to Bitmine has attracted additional market attention.

ETH Holds a B…

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