📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Ethereum is at a crossroads: Breaking up to $2,500 could trigger a new rise wave.
While Bitcoin is approaching the $90,000 mark and drawing attention from the investment community, Ethereum (ETH) is still in the accumulation phase, trading around just over $1,500. This raises questions among many experts about the next direction of the second largest altcoin in this market. According to expert analysis from Martinez, the $2,500 mark is being viewed as an important "supply wall" for Ethereum. If ETH can break through this strong resistance level, it not only indicates a return of strong buying power but could also mark the beginning of a new growth cycle in the altcoin market. However, currently, Ethereum is being held back in a narrow price range from $1,500 to $1,650 due to a lack of sufficiently strong driving factors. $1,600 – The Nearest Resistance Level is Being Closely Monitored In the short term, the level of $1,600 is seen as the first target that Ethereum bulls are aiming for. According to market analyst TedPillows, there are signs that market sentiment has begun to change, as ETH has escaped the downward trend for the first time since February 2025. If it can maintain the price above $1,600, ETH has the potential to surpass the $2,000 threshold in April, opening up opportunities for a more sustainable bullish cycle. Risk is also increasing if there is no breakthrough. However, not all experts are optimistic. Some analysts warn that the current prolonged stagnation of ETH is putting this coin in a high-risk situation. If it cannot break the nearest resistance, Ethereum may face a deep decline around the $1,200 level — the next strong support level. Conclusion Ethereum is at a critical moment: a breakout above the $2,500 range could open the door for a new bull run, but without sufficient momentum, ETH could also very well reverse and drop sharply. Investors should closely monitor key resistance and support levels while managing risk tightly during the current high volatility phase.