1. Bitcoin-style falling wedge breakout A classic falling wedge pattern has formed, and a breakout above the upper trendline suggests bullish momentum Support levels sit near $2,400 and $2,100, resistance around $3,200â3,550 Support levels sit near $2,400 and $2,100, resistance around $3,200â3,550 2. Tight consolidation (~$2.4Kâ$2.7K) ETH is coiling in a narrow range postâ50% rally, reminiscent of Autumn 2024 base before charges toward $4K Onâchain IOMAP shows strong demand cluster in the $2,349â2,426 range 3. Multiâtimeframe bullish bias Daily price holds above key support (~$1,750) with strong MA support Short/intermediate indicators: mixed signals, bears in hourly but bulls dominant on longer periods đĄď¸ Web3âSecurity Angle On-chain support highlights resilience driven by stakers and institutional inflowsâa bullish sign for network security. Technical consolidation and breakouts mirror attack surface tightening, where fewer weak points mean stronger defenses. ETF inflows reflect institutional confidence in Ethereumâs protocol robustnessâmomentum reinforcing its credibility.
Ethereum = Biggest Bet?đĽTechnical Analysis with iamge
đ Chart Patterns & Support Zones 1. Bitcoin-style falling wedge breakout A classic falling wedge pattern has formed, and a breakout above the upper trendline suggests bullish momentum decrypt.co+14altfins.com+14chartoasis.com+14. Support levels sit near $2,400 and $2,100, resistance around $3,200â3,550 verified 2. Tight consolidation (~$2.4Kâ$2.7K) ETH is coiling in a narrow range postâ50% rally, reminiscent of the Autumn 2024 base before charges toward $4K ccn.com+1ccn.com+1. Onâchain IOMAP shows strong demand cluster in the $2,349â2,426 range 3. Multiâtimeframe bullish bias Daily price holds above key support (~$1,750) with strong MA support
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