Ethereum Price Analysis:
$ETH Consolidates Within Symmetrical Triangle, Eyes Breakout Toward $4,950
Ethereum (ETH/USDT) is currently consolidating inside a symmetrical triangle pattern on the daily chart, maintaining strength above the rising trendline near $3,850. This consolidation reflects market indecision, with bulls and bears waiting for a decisive breakout.
A breakout above the $4,150–$4,200 resistance zone could confirm renewed bullish momentum, potentially driving ETH toward the next major target at $4,950. This level aligns with previous highs and serves as a key psychological resistance zone.
On the downside, if the $3,850 support gives way, traders should watch $3,330 and $2,930 as critical levels where buying interest may return.
Overall, the technical structure remains neutral to slightly bullish, as long as ETH continues to trade above the ascending trendline. A confirmed breakout from the triangle will likely dictate Ethereum’s next major directional move heading into late Q4 2025.
Key Levels to Watch:
🔼 Resistance: $4,150 / $4,950
🔽 Support: $3,850 / $3,330 / $2,930
Outlook: Neutral-to-bullish bias above $3,850; potential breakout setup forming.
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