ETH short-term breakout is imminent!

Yesterday was really thrilling; I was almost stopped out, but I managed to withstand this wave of pullback and consolidation. After the storm comes the rainbow. Let's review the overall trend of Ethereum together. From the market perspective, it can be seen that we are still in a phase of continuous rise. The key support and resistance levels are exceptionally close, and both bulls and bears are fiercely contesting, presenting a pattern of up-and-down consolidation. The current price is above the EMA24/52 moving averages, showing an overall upward trend. The sparse chip distribution suggests an increased probability of a breakout. The K-line pattern is showing a potential reversal signal, combined with the strengthening MACD momentum, indicating that the price will continue to rally after stabilizing at the support level.