Overview
- On-chain and social data show a trader increased an Ethereum long to 33,270 ETH worth about $131 million, with trackers attributing a recent perfect win record and roughly $16 million in profits.
- Ethereum reclaimed the $4,000 level and posted roughly 5% weekly gains as exchange reserves fell to multi‑year lows, signaling possible supply‑squeeze conditions.
- Market dashboards indicate higher funding and growing open interest, with dense stop and liquidation levels clustered above approximately $4,200 that could accelerate upside if breached.
- Technical analysts outline bullish paths including Fibonacci targets near $5,940 and $7,400, while one market technician flags $6,200 as a potential next objective if momentum persists.
- Coindoo reports that JPMorgan is exploring allowing Bitcoin and Ethereum as loan collateral by late 2025 and highlights upcoming CPI, the FOMC meeting, and Trump–Xi talks as possible volatility drivers.