Ethereum has formed a significant double bottom pattern around $2,495, which is a bullish signal that highlights the technical resilience of the asset. The daily trading volume has significantly enhanced this pattern, with the one-hour chart showing a volume exceeding 158,000 ETH. The price remains above $2,500, solidifying this area as a key demand zone, attracting buyers and supporting upward momentum. COINOTAG's market observers emphasize that this surge in volume, combined with RSI pressure, creates a fertile environment for sustained price increases.
