Ethereum's price surge this week anticipated
In a recent article penned by Hugo Le follézou and updated on 09/09/2025 at 10:06, Ethereum (ETH) is predicted to offer a rare opportunity for traders to profit from a massive bullish move.
The current market scenario is witnessing a revival, with Ethereum grabbing all the attention. The crypto market is experiencing a wake-up, and Ethereum's dominance is evident in the decentralized finance industry, where its total value locked exceeds $200 billion.
The open interest in Ethereum futures contracts currently stands at over $58 billion, and Ethereum ETFs have cumulative inflows of over $12 billion. This indicates a strong investor interest in Ethereum, which could capitalize on its potential bullish trend by monitoring key resistance and support levels.
Ethereum has shown a remarkable recovery, rallying from a low of $1,385 in April to an all-time high of $4,945 in August. This rebound could be attributed to Ethereum's tendency to retest important support levels after a drop.
Recently, Ethereum broke above a key resistance level at $4,100, which could signal a strong rally for the asset. The adjusted volume on Ethereum has increased by 38%, further supporting the bullish sentiment.
The number of transactions on Ethereum has jumped by 14%, reflecting increased activity in the network. This growth is not limited to Ethereum alone, as MYX Finance continues to see significant growth, raising questions about potential manipulation.
Meanwhile, Justin Sun brings his stablecoin USDD to Ethereum, adding another layer of activity to the network. Worldcoin (WLD) has also recently soared to $2 due to a $250M deal, contributing to the overall momentum of the Ethereum ecosystem.
It is important to note that while the article discusses various related topics, the specifics of these topics are not detailed in the provided paragraph.
The author of the article, Joseph Lubin, co-founder of Ethereum, offers insights into the potential investment implications of these trends. Investors would do well to keep a close eye on Ethereum's progress and be prepared to capitalize on any potential bullish movements.
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