Ethereum Price Surges 4%: What Is Going On With ETH?

Ethereum (CRYPTO: ETH) is surging on Friday, backed by strong ETF inflows and bullish options data.

Trader Notes: Crypto trader CJ forecasts Ethereum hitting equal highs around $3,555, with the possibility of rejection near $3,640–$3,650 should it push into a supply zone.

Alternatively, a dip to $3,000 could present an attractive buying opportunity, with potential for new all-time highs.

For now, CJ is watching ETH’s mid-range position, waiting for it to approach a key level.

Another trader, Cold Blooded Shiller, sees Ethereum “teasing the upside breakout,” suggesting a bullish momentum shift is imminent.