Ethereum Chart Update ��� Structure Turning Bullish 🤑

$ETH just made a key breakout on both the 1D and 4Hr charts — and it's not random.

🔍 Daily Chart Analysis

#ETH just pushed through the 200MA at $2,660 – a major macro resistance line.

MAs are compressing, and now we have price closing above the cluster of MA(7), MA(25), and MA(99).

If price holds this 2.6k+ level, it signals the end of consolidation and opens room for continuation.

⏱️ 4Hr Chart Confirmation:

Price bounced clean off the 200MA (green) on 4H, then ripped through all key MAs with a strong candle.

First higher low held beautifully around $2,383

Momentum breakout is clear – now aiming to challenge $2,750–$2,800+

💡 My View: This isn’t just a spike — this is a breakout after weeks of compression. Price has broken the downtrend and flipped into bullish structure on both high and mid timeframes.

📌 As long as $ETH holds above the 2,580–2,600 zone, bias remains bullish.

📍 First resistance sits near $2,750, and if that cracks, $2,800+ is on the radar.

KEY LEVELS 🔑

Short-term: $2,750

Breakout continuation: $2,800+

Invalidation: Daily close back below $2,560