$ETH consolidating before next leg up?
After a 41% rally in May, $ETH is ranging between $2,300–$2,850. Historical patterns show similar consolidations led to sharp breakouts.
With macro tailwinds like expanding M2, rising ETFs inflows, and Bitcoin strength, a push toward $4,000+ seems increasingly likely.
Technical Edge:
✅ RSI breakout
✅ MACD bullish
✅ Price > 200W MA
✅ Stochastic RSI rising
Watching for breakout confirmation above $2,850. Target: $4,076+ in the next 4–6 weeks.