$ETH
Ethereum is exhibiting indications of a significant breakout configuration. The historical price movements indicate a clearly defined horizontal range, with ETH consistently respecting the demand zone between $2,200 and $2,950.
The price has reclaimed the crucial range low near $2,300 with considerable momentum. Each rebound from support has contributed to a more bullish structure. Following each reclaim, ETH has surged towards approximately $4,100.
The $2,950 level remains the last obstacle before entering a blue sky market. Should ETH succeed in breaking and maintaining its position above this zone, historical patterns indicate that a movement towards $4,100 or more is highly attainable.