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What will happen if I invest spare money in Ethereum now and hold it for ten years? $ETH
Data shows that a large number of ETH holders have increased their balances by over 400,000 ETH, resulting in a rise in ETH price.
The price of Ether has risen nearly 8% in the past 24 hours, reaching a high of $2,064 on March 19. As ETH returns to above $2,000, the daily trading volume of altcoins has increased to $17.4 billion.
ETH shows an ascending triangle breakout
The price of Ether increased today after the altcoin successfully broke through the ascending triangle pattern. After dropping below $2,000 on March 10, Ether established a higher low and subsequently retested the direct resistance level of $1,950 multiple times, which is the neckline of the pattern.
The price has formed a bullish divergence with the Relative Strength Index ( RSI ), with a local bottom at $1,752. This technical setup indicates that bullish momentum is reversing the bearish trend. With the triangle pattern confirming a bullish breakout, the technical target remains at $2,142, about 5% higher than the current price of ETH. However, the 100-day exponential moving average (blue line) provides resistance at $2,050, which needs to be converted into support to set the price target at $2,142. Anonymous cryptocurrency analyst Rekt Capital emphasizes that ETH recently tested its multi-year demand zone below $2,000. Regarding the bullish reversal, traders have stated, "If the price can generate a sufficiently strong reaction here, then ETH will be able to reclaim the macro range of $2,196 to $3,900 (black)." The amount of funds flowing into Ethereum accumulation addresses has reached a new high. Despite recent price pullbacks, the accumulation rate of ETH in these addresses remains fast. On March 12, the inflow of ETH into accumulation addresses set a single-day record of 345,210 ETH. Ethereum accumulation addresses are a specific classification of wallet addresses used to track long-term holding behavior on the Ethereum network. These addresses typically do not have outgoing transactions, meaning ETH is not used for spending or transfer. In 2024, these addresses accumulated over 5.8 million ETH within 12 months. In 2025, the accumulation rate increased significantly, with the same addresses accumulating 4.73 million ETH in less than three months. On-chain data shows that large holders may take advantage of ETH's low price to buy this altcoin at a discount, currently 58.4% lower than its all-time high. #ETH🔥🔥🔥🔥🔥🔥 # Multiple altcoin ETF applications ##美联储3月利率决议 #MUBARAK Launchpool 开启