The position of $ETHFI is becoming increasingly critical.
From a daily perspective, the price has been operating within a converging triangle for several days and is currently approaching the upper resistance zone.
ETH itself has a very strong trend; under the influence of sentiment, once these types of rebound stocks catch the attention of funds, the breakthroughs are often very decisive.
The price is currently in the 1.18–1.22 range where entry is possible, which coincides with the support level near MA30. If it tests repeatedly without breaking, the upward space will be quickly opened.
If the breakthrough is confirmed, the short term may directly enter an acceleration phase, and the medium-term trend is also expected to continue.
Under this pattern, I will continue to observe changes in volume and wait for confirmation signals to appear.