Ethereum is running the show right now, and the charts are screaming bullish. Price action is holding strong above key support, and momentum is firmly tilted to the upside. On higher timeframes, both weekly and monthly candles are flashing buy signals, giving traders confidence to stay long.
Elliott Wave analysis shows the corrective phase is done — the next impulsive leg is already in play. If momentum holds, ETH could rip through resistance and extend toward fresh highs.
📊 Market Snapshot
Past Week: +23%
Past Month: +56%
Market Cap: ~$566B
Key Support: $3,450
Key Resistance: $3,670
With DeFi and NFTs still riding on Ethereum’s back, fundamentals are stacking in the bulls’ favor. The setup? A textbook long play if price confirms above resistance — but watch those levels like a hawk.
Bias: Bullish
Play: Long on break/retest above $3,670. Tight stops below $3,450 support to protect gains.
ETH looks ready to print another leg up. Stay disciplined, trade the level
s, and ride the wave.$ETH