ETH momentum indicator has jumped to its highest level since May 2021

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According to TradingView data, the ETH momentum indicator (which measures the rate of change in price over 10 days) has jumped to $880, the highest level since May 2021, and other indicators such as RSI show the same trend. Options traders at decentralized market Lyra expect Bitcoin prices to rise to $5,000 by the end of the second quarter. Current resistance is at the $4,090 high set in April, followed by the all-time high of $4,692 set during the 2021 bull run.

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