📈 Chart Patterns & Support Zones

1. Bitcoin-style falling wedge breakout

A classic falling wedge pattern has formed, and a breakout above the upper trendline suggests bullish momentum

Support levels sit near $2,400 and $2,100, resistance around $3,200–3,550
Support levels sit near $2,400 and $2,100, resistance around $3,200–3,550
2. Tight consolidation (~$2.4K–$2.7K)

ETH is coiling in a narrow range post‑50% rally, reminiscent of Autumn 2024 base before charges toward $4K

On‑chain IOMAP shows strong demand cluster in the $2,349–2,426 range

3. Multi‑timeframe bullish bias

Daily price holds above key support (~$1,750) with strong MA support

Short/intermediate indicators: mixed signals, bears in hourly but bulls dominant on longer periods
🛡️ Web3‑Security Angle
On-chain support highlights resilience driven by stakers and institutional inflows—a bullish sign for network security.

Technical consolidation and breakouts mirror attack surface tightening, where fewer weak points mean stronger defenses.

ETF inflows reflect institutional confidence in Ethereum’s protocol robustness—momentum reinforcing its credibility.