$ETH reveals a notable increase in trend strength. The Average Directional Index (ADX) rose from 11.58 to 24.77 in just one day. The ADX measures the strength of the trend regardless of its direction. Values above 25 usually indicate a strong trend.

This critical threshold is now being approached by Ethereum, suggesting that momentum is intensifying and a more pronounced directional movement could develop. Analysts have recently highlighted four reasons why Ethereum might be on the verge of a true breakthrough.