Ethereum surged 18% in 24 hours, extending its weekly gain to 19.65% as trading volume exploded 402%, breaking through the $2,003 resistance level to reach $2,252.80. The RSI climbed to 92.14, indicating extremely stretched momentum, with the critical $2,431–$2,500 resistance zone now in play. Two Hyperliquid whales hold combined short positions of 50,838 ETH, approximately $98 million, creating significant selling pressure on the path toward the $2,636 target.
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