$ETH Poised for a Breakout? Key Levels to Watch Now

Ethereum is once again at a critical technical juncture, and all eyes are on its next move especially as Bitcoin flirts with a breakout of its own.

Let's break down where $ETH stands, what the key levels mean, and how to position for the best risk-reward.

The Move From $1,533: Impulsive or Not?

Ethereum's rally from $1,533 appears impulsive, a potential sign of a new macro wave starting

Price is currently at a supply zone, which could trigger short-term resistance

However, if $BTC breaks out, we expect $ETH to follow strongly

Key Bullish Trigger: Monthly Close Above $1,870

The most bullish confirmation will come from a monthly close above $1,870

This is a High Time Frame (HTF) level that has capped ETH during previous rallies

Closing above it signals trend reversal and opens doors to much higher targets

What If We Pull Back? The Key R/R Zone

Any pullback into the GREEN zone (major demand area) offers the best risk-to-reward

If the bottom is already in, this area will be defended by buyers

Losing GREEN, however, means we likely

revisit:

Range lows

The "wick zone"

Possibly print a final bottom

The Bottom Line: Levels That Matter

$1,533: Origin of impulsive move

$1,870: Monthly close level for confirmation

GREEN Zone: Optimal buy-the-dip R/R zone

Wick Zone: Likely final flush area if breakdown occurs

Ethereum's setup remains bullish with conditions, highly dependent on Bitcoin confirmation.

A breakout from BTC would likely be the fuel $ETH needs to reclaim lost ground and begin a full macro uptrend.