$ETH Recently, prices broke through the downward trendline that showed the correction phase, suggesting sentiment is gradually shifting toward bullish.

However, we should remain cautious as this could still develop into a false breakout. If that scenario unfolds, we anticipate the inverse head and shoulders pattern.

Notable resistance has emerged around the 84,000 level, with price action struggling to breach this threshold, highlighting its significance as a key zone.

Going forward, the market will likely oscillate between 84,000 and 89,000 before potentially retesting the March high levels.