$ETH is one move away from a breakout — and history is repeating.
The current structure mirrors the May–June 2025 setup almost perfectly. Multiple bull and bear traps have played out in textbook fashion, and now Ethereum is consolidating just below key resistance.
One strong daily close above this zone could trigger the next leg higher.
If this breakout confirms, $5,000 ETH in Q3 is not just possible — it's likely.
Momentum is building. The traps have shaken out both sides.
The path is clearing for a move that could set a new yearly high.
Watch the breakout level closely. If confirmed, the market will rotate hard into $ETH strength.