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David Tevzadze
David Tevzadze

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🚀 Ethereum’s $4K Resistance Mirrors 2020 Levels: Is $6K Next?

🐋 Whales Accumulate $ETH
In the past 24 hours, 13 mega whales holding over 10K ETH each boosted accumulation. World Liberty Fund also added 3,247 ETH ($10M), increasing its holdings to $189M. This signals strong confidence in ETH despite its price hovering around $3,190 (+3.29%).

📊 Open Interest Surges
Ethereum’s Open Interest has been rising since August 2024, peaking near $21B in January 2025. Historically, increasing Open Interest has preceded major rallies. If ETH stabilizes above $3,350, it could propel toward new highs.

📈 ETH Repeats Q4 2020 Pattern
ETH is mirroring its 2020 resistance struggles. Back then, breaking $400 triggered a 150% surge to $1,000. Now, the $4K barrier plays a similar role. If ETH closes above it, history suggests a rapid climb to $5K–$6K within 6–8 weeks.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.

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