Ethereum is no longer sleeping โ the giant has awakened.
After months of consolidation inside a falling wedge, ETH has broken out on the weekly chart, and history tells us this move could be just the beginning of a massive rally.
๐ Technical Breakdown:
๐บ Falling Wedge Breakout โ A classic bullish reversal pattern
๐ Weekly candles holding above $3,200 = confirmation of strength
๐ฏ Price objective from the breakout: $6,116
๐ฅ Why ETH Could Lead the Market
๐ฆ ETH ETFs + institutional demand gaining traction
๐ ETH 2.0 upgrades improving scalability & staking returns
๐ Smart contracts + DeFi revival fueling real use cases
ETH isnโt just a coin โ itโs the backbone of Web3.
โก Key Levels to Watch
Support: $3,200 โ $3,600
Resistance: $4,800 โ $5,200
Target: $6,116 ๐
๐ Final Take
The breakout is textbook bullish โ and if ETH follows its historical wedge pattern, we could soon see it testing $6,116 and beyond.
The question is simple:
๐ Are you ready for ETH Season 2025?
