Trader Eugene: After Ethereum historically broke through $2,800, it quickly surged toward $4,000 and I will continue to hold long positions

According to ChainCatcher, trader Eugene shared in his personal community, "As long as Bitcoin doesn't follow the old pattern of a false breakout followed by a sharp drop (which currently seems unlikely, though it can't be completely ruled out), Ethereum is very likely to seize the opportunity to break through the key resistance zone at $2,800.

Although I'm not entirely sure about the exact timing (Bitcoin dominance, BTC.D, may continue to strengthen for a while), I believe the probability of Ethereum breaking through this resistance zone has risen significantly today.

In Ethereum's history, it has only broken above $2,800 three times, and each time the price quickly surged to around $4,000. History doesn't simply repeat itself, but it often rhymes in similar ways. I will continue to hold my long positions and get ready for a wild ride."