🚀 Ethereum Gears Up for a Bullish Breakout — Is a New All-Time High on the Horizon? 🔥
After briefly dipping below $2,440, Ethereum (ETH) has clawed back above $2,500, showing resilience and building momentum. While ETH has cooled off from its recent $2,770 high, crypto analyst KlejdiCuni believes this dip fits perfectly within a larger bullish setup — and a breakout could be just around the corner.
📊 What’s Fueling the Optimism?
KlejdiCuni's daily candlestick analysis highlights a bullish rising channel, marked by higher lows and a resistance line that ETH is now flirting with. The recent recovery toward $2,660 has reinforced this structure, suggesting that ETH is prepping for a breakout toward the $2,800 resistance — the first major milestone.
🔍 Key Price Levels to Watch:
✅ $2,800 – Immediate breakout zone. A push above confirms bullish continuation.
✅ $3,300 – First big target. This level was resistance in late January and could trigger heavy buying if reclaimed.
✅ $3,800 – The next barrier. ETH faced rejection here in early 2025. A break above would signal a shift in long-term sentiment.
✅ $4,500 – The cycle peak target. Just shy of Ethereum’s all-time high of $4,878, this level would mark a near-full recovery from the bear market.
🧠 Why It Matters:
With ETH reclaiming critical zones and technicals aligning with bullish setups, analysts believe Ethereum could soon return to price discovery mode. The crypto market is watching closely — and if Ethereum breaks $2,800, it could spark a surge of momentum-driven buying.
🎯 Bottom Line:
Ethereum’s structure is strong, the pattern is bullish, and a breakout could be imminent. If this wave plays out, $4,500 isn’t just possible — it’s within striking distance.
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