Ethereum ($ETH ) recently surged past the critical $2,857 level, signaling a potential breakout from what I call the Super Box — a price range that has defined its past two bull runs. At first glance, it looked like the start of a new rally.
But the unexpected war between Israel and Iran triggered a sharp reversal. Capital quickly pulled back, and $ETH dropped back inside the box. The breakout was fake — and many high-leverage traders were liquidated before they even realized what hit them.
This is a hard lesson in risk and position management. When markets fake out, emotional or overconfident traders are often the first to go. Once again, a large batch exited the game before the real move even began.
Currently, ETH is still oscillating within the Super Box. The structure remains intact. Until we get a confirmed breakout and consistent hold above the box, the market will remain in a consolidation phase.
> My view stands: A solid breakout above the Super Box will aim directly for $4,000 and mark the true beginning of the next bull cycle.
Now is not the time to FOMO or over-leverage. It’s time to observe, stay prepared, and wait for a clean signal.
> Will you be ready this time? Or will the next real breakout catch you on the sidelines?