đ $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. đ
After breaking out of the long downtrend, ETH successfully reclaimed key resistance around $4,100â$4,300. If this level holds as new support, the door opens for a potential rally toward $8,500 đ„ â thatâs over 100% upside from current levels.
Hereâs what Iâm watching closely:
â Retest of the breakout zone ($4.1kâ$4.3k)
â Strong rejection wicks confirming buyer dominance
â Momentum push that could drive ETH into new highs
This isnât just another bounce â it could mark the start of Ethereumâs next expansion phase. With ETHâs ecosystem continuing to grow (L2 adoption, staking demand, institutional entry), the fundamentals align with the technicals.
â ïž Of course, invalidation comes if ETH loses the $4,100 support again, so risk management is key.
For now, the trend looks strong â and if history repeats, ETH could be gearing up for one of its most explosive moves yet. đđ
Do you think ETH will reclaim $8.5K this cycle? đ