Ethereum: Yield Drop Fuels $2000 Leg Higher

Ethereum traders watch yields closely after Michaël van de Poppe highlighted the direct positive correlation between falling yields and heavier ETH moves, projecting a continued leg above $2000 if the pattern holds next week.

Price sits at $1920.65 inside the Bollinger Bands with upper resistance at $1971.99 while the 50-EMA at $1819.19 and 200-EMA at $1764.6 anchor the bullish trend structure; with RSI(14) at 70.59 flashing overbought and MACD confirming the golden cross at 35.65, a healthy retracement toward the 50-EMA support appears probable before continuation toward the upper band.