Do you want Ethereum to rewrite its all-time high? Left a little.

Look at this, everyone is silent, but Ethereum has broken through everything.

When analyzing the volumes, it is clear that we have passed all the resistance and the blocks are left behind. Ethereum has formed a bridgehead above the value zone, and the recent fall was only its test.

Globally, Ether has formed an ascending trend channel using Schiff’s pitchforks.

Trend channels break upward with an impulse - after which it is absorbed and the channel is retested (of course, it is possible to return back to the channel), it all depends on the strength and speed of the impulse.

Here you can clearly see the channel and how it moved in the area of ​​the median of this channel, right now the median has become support, and not resistance as in previous times. For Ethereum to be able to rewrite ATH, we need to break through this channel upward.
This is how breaks through channels locally, we see that in the local channel after the median test, the channel broke out upward. In this case, the price tested not only the median of the local channel, but also the median of the global channel using Schiff's pitchfork.

This is what the breakout looked like when analyzing volumes.

Conclusions: you need to try to go below the median of any channel.

The probability of an impulse movement to ATH in the area of ​​$5000 has increased