🚨 *ETH – Are you mentally prepared?* 🧠🔥
This chart shows Ethereum (ETH) on the *weekly timeframe*, and it's *screaming breakout potential* 📈💥
🔍 *Key Takeaways:*
🔴 *Red Circles:* Mark major *lower highs* in previous cycles (2018, 2021, 2024).
These were *rejection points* — ETH couldn’t break above and got pushed down.
📐 *White Downtrend Line:* A *multi-year resistance* trendline has been holding ETH down since 2021.
But now… ETH is *knocking on the door again* 🛎️🚪
✅ *Current Price Action:*
ETH is approaching the *exact resistance level* it’s failed at 3 times before. If it *breaks above and holds*, this confirms a *massive bullish breakout* 🚀📊
🧠 *Mentally Prepared?*
If ETH smashes this trendline:
- We could see *price discovery* beyond4.8k 🔓
- A full-blown *Altseason* could ignite 🔥
- Targets? Possibly *6K –10K* or beyond in a parabolic run 🌕
⚠️ Don’t sleep on this — ETH is testing a *6+ year macro structure*. This isn’t just another bounce.