📊 *ETHEREUM’S MONTHLY CHART IS FORMING A MASSIVE SYMMETRICAL TRIANGLE* 🔺
⏳ *4 years of accumulation* is nearing its climax… and the breakout could be *explosive* 🚀🔥
What’s happening?
Ethereum’s monthly chart shows a *symmetrical triangle*, which forms when price compresses between a downtrend line and an uptrend line. This usually signals a *major move ahead* — either up or down — and in ETH's case, all signs point bullish. 📈
Why this is big 🧠
🔹 This triangle started forming after ETH hit its all-time high in 2021
🔹 Price has been *consolidating for 4 years*, building pressure like a spring
🔹 Now, it’s nearing the *apex* — where price is forced to choose direction
Bullish signs:
✅ ETH fundamentals are stronger than ever (staking, L2s, DeFi, tokenization)
✅ Institutional interest is rising (BlackRock, ETFs, custody solutions)
✅ Supply is shrinking (EIP-1559 burns + staking locks supply)
Potential breakout targets 🎯
1️⃣ 4,500 – Retesting previous ATH
2️⃣5,800 – Measured move from triangle
3️⃣ $7,000+ – If ETF and macro tailwinds align
Bottom line 🧩
This is *not a short-term pattern* — it’s multi-year compression. Breakouts from such large structures often lead to *parabolic moves*. If ETH closes a monthly candle above the upper trendline with volume, the bull run will be undeniable. 🚀
💡 Accumulating now might be like buying Bitcoin under10K — it’s all about patience and conviction.
#BinanceAlphaAlert #BinanceTGEXNY #BinanceHODLerSAHARA #Write2Earn