📈 Is Ethereum preparing for a breakout?

ETH breaks through the ascending channel and is soaring above $3,700!

🔹 Daily change +4.86%

🔹 Short squeeze is gaining momentum — 75% of traders are in shorts

🔹 Stochastic RSI is in the overbought zone — a slight pullback is possible

🟢 Action plan:

We are expecting a local pullback to the $3,650–3,700 zone — there may be an ideal entry point for long before the next impulse.

🎯 Target: $3,880–3,950

🛑 Stop: below $3,580

Breakout of the channel + shorts = 🔥