{"id":145477,"date":"2024-12-25T11:00:13","date_gmt":"2024-12-25T09:00:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145477"},"modified":"2024-12-24T18:22:24","modified_gmt":"2024-12-24T16:22:24","slug":"ethereum-eyes-4000-as-justin-sun-dismisses-sell-off-rumors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-eyes-4000-as-justin-sun-dismisses-sell-off-rumors\/","title":{"rendered":"Ethereum Eyes $4,000 as Justin Sun Dismisses Sell-Off Rumors"},"content":{"rendered":"

This statement follows a period of significant on-chain activity, where over 108,000 ETH<\/a><\/strong>, valued at around $400 million, was transferred to the HTX exchange since November 10. Sun reaffirmed his bullish outlook on Ethereum, emphasizing his commitment to the ecosystem.<\/p>\n

Ethereum\u2019s price, meanwhile, has rebounded by 2%, surpassing $3,400 and showing early signs of a potential rally. Analysts suggest<\/a> <\/strong>a bullish reversal may be underway, with the ETH\/BTC pair gaining momentum after a bottom formation.<\/p>\n

Javon Marks, a prominent crypto analyst, pointed out an \u201cAdam & Eve Double Bottom Pattern\u201d on the Ethereum chart, signaling a possible surge towards the $4,000 level and beyond.<\/p>\n

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<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

For Ethereum to achieve a $4,000 rally, breaking past the $3,542 resistance level is critical. Ali Martinez, another market analyst, identified key support between $3,030 and $3,130 and resistance between $3,640 and $3,740. A sustained move beyond this range could solidify Ethereum\u2019s upward trajectory, particularly as the market shifts its focus from sell-off rumors to renewed optimism.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reports of Ethereum sell-offs by Justin Sun, founder of Tron, have been dismissed, with Sun clarifying the movements were routine wallet transfers rather than liquidations.<\/p>\n","protected":false},"author":9,"featured_media":50565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,271,384,108],"coin_category":[],"class_list":["post-145477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-ethereum","tag-optimism","tag-price"],"acf":[],"yoast_head":"\nEthereum Eyes $4,000 as Justin Sun Dismisses Sell-Off Rumors<\/title>\n<meta name=\"description\" content=\"Reports of Ethereum sell-offs by Justin Sun, founder of Tron, have been dismissed, with Sun clarifying the movements were routine wallet ...\" \/>\n<meta name=\"robots\" content=\"index, follow, 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