$ETH / Ethereum Update 1-day
Guys, ETH demonstrates massive strength, holding firmly at a critical breakout level after a historic surge. The chart is consolidating masterfully above the $3,280 - $2,988 key support zone, following a parabolic move into new highs. This is a textbook bullish continuation pattern on the higher timeframe. Buyers are stepping in with overwhelming conviction, defending every dip and building a powerful platform for the next leg up.
This current level, after such an explosive advance, is a prime accumulation zone for continuation. Momentum is clean and the macro trend is overwhelmingly bullish, with institutional demand firmly in control. As long as $ETH defends the $3,280 support, the structure is perfectly engineered for an extension toward the $3,460 resistance and ultimately the $3,932 - $4,404 target zones.
Trade View:
· Structure is monumentally bullish and holding incredibly strong.
· Buyers are dominant, using this consolidation for strategic accumulation.
· Continuation toward the $3,460 level and far beyond is the highest-probability path.
$ETH is moving exactly as a leading asset should in a macro bull trend. Stay focused and use this period of consolidation wisely.
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