Breakout With Strong Momentum
Ethereum is trading around $2,085, up more than 6%, showing clear strength after a strong impulsive move from the $1,900–$1,950 demand zone. The breakout above EMA 200 (~$2,061) on the 1H timeframe is a major bullish shift.
Price has now reclaimed short-term trend resistance and is pushing toward the $2,090–$2,120 supply area. If ETH manages a clean close above $2,100, the next upside liquidity sits near $2,120+.
As long as price holds above $2,060, bulls remain in control. Any pullback toward EMA 200 could act as a healthy retest before continuation.$ETH