🚨 Ethereum Defends Key Support — Classic Pattern Hints at Massive Breakout!
Ethereum bulls are stepping up 🔥 with ETH trading 75% above April lows, signaling a powerful recovery. While still down ~98% from its all-time high, there's plenty of room to run if momentum picks up.
📍 Current Price Zone: ~$2,422
✅ Support Held: $2,400
❌ Resistance Ahead: $2,518 – $2,536
🔄 Ethereum is stuck in a critical range, as bulls and bears battle for control.
📈 The Big Picture: Will History Repeat?
Analyst Pillows highlights a classic historical setup playing out:
In 2017, ETH surged 300x after retesting the same trend channel.
In 2021, it climbed 50x from a similar setup.
In 2025? A conservative 6x rally could send ETH to $10,000+. 📊
🧠 Sentiment Check:
Macroeconomic uncertainty and geopolitical risk are cooling risk appetite.
But ETH remains the top altseason candidate, with strong on-chain fundamentals and institutional buzz.
🔍 Key Technical Zones to Watch:
LevelMeaning$2,400Critical support zone ✅$2,518 – $2,53650/100 SMA resistance ❌$2,550Breakout confirmation 🚀$2,800First major target post-breakout$2,160Danger zone (200 SMA) ⚠️
🧩 TL;DR
ETH is holding strong at support, but facing stiff resistance.
A breakout above $2,550 could unleash a rally toward $2,800+.
History suggests Ethereum could reach $10K if the macro aligns.
Keep an eye on volatility — the next move may be explosive.
📊 Will Ethereum be the king of altseason again?
👇 Drop your target: $3K, $5K… or $10K?
#BTC110KToday? #Ethereum #TradeWarEases #ScalpingStrategy $ETH $BTC