๐ $ETH Breaks Out: Strong Bullish Cycle Begins
Ether has closed four consecutive green days, and today โ on the fifth day โ weโre finally seeing the start of a solid upward advance. A clean recovery above $3,000 signals that bullish momentum is picking up fast.
This breakout may still be early, but it confirms the 0.618 Fibonacci retracement level as strong support. From this point onward, the market can potentially enter a powerful and extended bullish wave โ the first one since 22 June 2025.
Ethereumโs previous bullish wave ended on 24 August, and what followed was 89 days of continuous bearish pressure. The market dropped -47%, with a long sideways phase and then a steep decline. Three straight months of red candles โ no wonder the sentiment was at its lowest.
But with the correction officially ending on 21 November, and momentum now clearly shifting upward, we are finally back in the green. Yes, there will always be pullbacks and volatility, but nothing like the heavy correction we just survived. The next major correction may take 2โ3 months, or even 4โ6 months to show up.
What matters now:
๐ We are entering a very strong bullish cycle.
If you held your position and didnโt give up, you are truly strong. Many walked away because they couldnโt handle months of downside โ thatโs normal. Markets move up and down, but the trend has now changedโฆ Down is over. Up has begun.
