I’m seeing #Ethereum Ethereum (ETH) #TrendingTopic rading around$ETH $1,803.16, with a slight 1.85% gain for the day. From what I can tell, the price action is forming a coiling pattern, which often hints at a big move coming soon. Based on my analysis, ETH looks like it's on the edge of breaking out from a bull pennant setup, and if that happens, I think it could push toward the $2,100 to $2,250 range. The recent Pectra upgrade also caught my attention—it should improve the network’s performance and might give investors more confidence. I’ve also noticed $ETH stablecoin volume is climbing, which usually signals positive momentum for the market. That said, it’s interesting (and a bit of a warning) that one major ETH whale just took a $430K loss by shorting 10,000 ETH at $1,791. It just shows how risky betting against the trend can be right now. Overall, I’m leaning cautiously optimistic on $ETH

ETH at the moment, given the technicals and the strength of recent developments.