ETH needs to rise above $2,200 to gain momentum, with optimism for long-term potential.

From Cointelegraph
March 23, 2025 9:28 am:

Ether needs to reclaim the “macro” range above $2,200 to gain upside momentum amidst global macroeconomic concerns. ETH is down over 51% in a three-month downtrend, trading below $4,100. Open interest hit a new all-time high, hinting at a potential rally above $2,400. Some analysts expect trade war concerns to pressure markets until April.

ETH whales have been accumulating while retail investors dump, with addresses holding over $100,000 of Ether rising from 70,000 to 75,000 in March. Despite short-term volatility, optimism remains for 2025, with VanEck predicting a $6,000 cycle top for Ether and a $180,000 Bitcoin price.

Read more at Cointelegraph: ETH may reclaim $2.2K “macro range” amid growing whale accumulation