🚀 $ETH : The Calm Before the Storm?
Ethereum has been quietly grinding its way back, and the weekly chart is showing a major breakout setup that could define the next big move. 📊
After breaking out of the long downtrend, ETH successfully reclaimed key resistance around $4,100–$4,300. If this level holds as new support, the door opens for a potential rally toward $8,500 🔥 — that’s over 100% upside from current levels.
Here’s what I’m watching closely:
✅ Retest of the breakout zone ($4.1k–$4.3k)
✅ Strong rejection wicks confirming buyer dominance
✅ Momentum push that could drive ETH into new highs
This isn’t just another bounce — it could mark the start of Ethereum’s next expansion phase. With ETH’s ecosystem continuing to grow (L2 adoption, staking demand, institutional entry), the fundamentals align with the technicals.
⚠️ Of course, invalidation comes if ETH loses the $4,100 support again, so risk management is key.
For now, the trend looks strong — and if history repeats, ETH could be gearing up for one of its most explosive moves yet. 🌐💎
Do you think ETH will reclaim $8.5K this cycle? 👀