Ethereum Crosses $2,700: Bull Trap or the Start of a Major Rally?

• The cryptocurrency market has seen significant gains recently, with Bitcoin surpassing $85,000 and Ethereum reaching a nine-month high of approximately $2,750, despite negative news and market conditions.
• Analysts are divided on Ethereum's future, with some predicting a potential bull trap and a drop to $1,800, while others believe it could outperform in the long term after a correction.
• Positive factors such as increased whale activity, rising non-empty wallets, and solid institutional interest suggest that Ethereum's price may continue to rise in the short term.

https://cryptopotato.com/ethereum-crosses-2700-bull-trap-or-the-start-of-a-major-rally/