#cryptotradingpro

๐Ÿš€ Ethereum Breakout Imminent? ๐Ÿ“ˆ

Ethereum ($ETH ) is eyeing a major breakout after retesting the $3,850 resistance level with a 6.3% daily surge! ๐Ÿ”ฅ Fueled by news of a potential executive order from President Trump to allow crypto in 401(k) plans, ETH is showing strong bullish momentum. ๐Ÿ’ช

Analysts are buzzing:

โ€ข Alex Clay: ETHโ€™s correction is over, and a breakout from an 18-month descending broadening wedge is โ€œimminent.โ€ ๐Ÿšช

โ€ข Ted Pillows: ETH is โ€œone bullish candle awayโ€ from breaking out, mirroring its May-June setup that led to a yearly high. ๐Ÿ“…

โ€ข Rekt Capital: Ethereum Dominance (ETHDOM) has surged above 12%, a level not seen since 2020, hinting at a consolidation phase before a potential 2021-style breakout. ๐Ÿ“Š

ETH is currently trading at $3,826, up 48% this month. If it breaks the $3,850-$3,900 resistance, analysts see $5,000 as a realistic target this quarter! ๐ŸŽฏ