$ETH Ethereum ($ETH ) is showing serious bullish momentum. After bottoming near $1,820, ETH decisively broke out of its long-term descending trendline on the 4-hour chart with a strong bullish engulfing candle. This move signals that buyers are back in control, pushing the price past the crucial $2,023 resistance.
Currently trading around $2,065, Ethereum is approaching the next hurdle near $2,097. A clear break and hold above this level could set the stage for a sustained uptrend. Meanwhile, if a retest occurs, buyers are likely to step in around the $2,023–$1,925 zone, offering a solid support base.
This breakout suggests heavy buying interest, potentially from institutional players, and marks a turning point in market sentiment. Traders should watch how ETH behaves around these key levels, as this could define the trajectory for the next phase of the rally
ETHUSDT
دائم
1,981.1
+6.66%