Bullish signals for Ethereum’s price: The current technical indicators for Ethereum suggest strong potential for growth. The golden cross formation, along with Bitcoin’s steady performance at 101,000 USD, sets the stage for a possible ETH price increase, echoing patterns from 2021.

Market anticipation for a surge: As Ethereum approaches its projected target, investor enthusiasm grows. Historical data shows that past golden cross formations have led to substantial price surges, increasing expectations for significant gains in the coming months.