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TRX $0.3305 +0.08%
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BCH $209.66 -0.03%
LINK $8.38 +0.43%
HYPE $57.67 -1.94%
AAVE $91.64 -3.29%
SUI $0.7107 -0.79%
XLM $0.1782 +0.39%
ZEC $478.35 -3.06%

Trader Eugene: After Ethereum historically broke through $2800, it quickly surged to $4000, and I will continue to hold long positions

2025-07-11 06:40:32
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ChainCatcher message, trader Eugene posted in his personal community, stating, "As long as this time Bitcoin doesn't follow the old pattern of a false breakout followed by a sharp decline (which currently seems unlikely, but cannot be completely ruled out), Ethereum is likely to break through the key resistance zone of $2800.

Although I'm not quite sure about the specific timing (Bitcoin's dominance BTC.D may strengthen for a while), I believe the probability of Ethereum breaking through this resistance zone has significantly increased today.

Historically, Ethereum has only broken through $2800 three times, and each time the price quickly surged to around $4000. History doesn't simply repeat itself, but it often has similar rhymes. I will continue to hold my long position, preparing for a wild journey."

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