$ETH Ethereum Structure Breakdown Red: Large consolidation zone, currently consolidated for 60 days Orange: The upper part is seen as a false breakout, and the lower part is seen as a bearish trap/shakeout Green: Small consolidation in the return zone, lasted 8 days After the shakeout ends, it has been consolidating before moving upwards, so the overall structure is leaning towards bullish. It has already broken through the high-level consolidation, while Bitcoin has not yet broken through, so the structure is moving a bit faster than Bitcoin. The large red consolidation zone lasted over 60 days; the horizontal length and vertical height matter. If it breaks through the high points of the consolidation zone at 2735 and 2880, there will be a trend market!
