Ethereum has now reached a critical position, and everyone can take a look at the current market trend. After a surge yesterday, the market has undergone a pullback, with the pullback position exactly at the 50% level of the Fibonacci retracement, which is a perfect pullback position after a main rise. There is a possibility of an accelerated wave continuation in the future, maintaining a positive bullish stance.

The current position is a consolidation pattern of an equilateral triangle, where we expect Ethereum to break through the equilateral triangle and continue its bullish movement.

Support: 4210

Resistance: 4370, 4450