🚀 Ethereum Eyes $5,600 as Bulls Defend Key Support Zone

$ETH is holding firm around $3,950, staying above the crucial $3,670–$3,870 range that recently flipped from resistance into support. This zone sits right along the midline of Ethereum’s long-term ascending channel - the same structure that has guided its uptrend since 2023. 📈

✔ If this support holds, the technical setup points to a potential rally toward $5,600, aligning with the channel’s upper boundary and signaling nearly 40% upside by year-end. With institutional inflows slowly rotating back into $ETH and on-chain strength improving, this could be the base for Ethereum’s next major breakout.