#Ethereum has returned to a long-standing macro resistance , the same red zone that acted as the top in both 2021 and 2022. But this time, it's coming back with a rounded bottom base and strong weekly structure, showing clear momentum and controlled pullbacks.
🟠 The price has reclaimed the 0.618–0.65 golden zone, which previously acted as a strong bounce level during the 2022–2023 recovery. That same zone gave a major reaction in the past , and now it's acting as the launchpad again.
🟢 Meanwhile, Bitcoin has already broken ATH and is continuing its move, and that opens the door for $ETH to follow , historically, ETH has lagged behind $BTC in breakouts, but when it goes, alts fly.
🔵 Above the resistance lies a clean fib extension ladder:
1.0 ➜ 5,506
1.272 ➜ 7,728
1.618 ➜ 8,441
2.0 ➜ 10,224
This sequence opens the door to new all-time highs, and the structure suggests the breakout is building.
💡 Among these, the 1.618 extension at 8,441 stands out as the most probable magnet, especially if ETH reclaims the red zone with strong volume. This level aligns with typical wave expansions seen in major bullish cycles.
A breakout from this structure could ignite a macro bull continuation , with ETH stepping into price discovery mode once again.
