$ETH has been coiling inside a symmetrical triangle since its 2021 highs, forming higher lows and consistent resistance near the $3,500–$4,000 range.

Ethereum is approaching the apex of the pennant with compressed volatility, suggesting a breakout is imminent.

Institutional demand + bullish chart = fuel for upside.

Confirmation above ~$4,000 could trigger a new leg up possibly into price discovery territory.

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