$ETH /USDT – Strong Trend Shift in Play
ETH is showing a clean bullish transition after breaking out of its long consolidation zone. Buyers have fully taken control, pushing price into a well-defined rising channel with consistent higher highs and higher lows.
📊 Market Structure Breakdown
• Price rejected the lower support zone around $2,610–$2,620, ending the previous bearish phase.
• A false breakdown (liquidity sweep) triggered buyer aggression and started a bullish reversal.
• ETH is now trending inside a healthy rising channel, with multiple retests confirming demand.
• The next key upside zone sits at $3,650–$3,667, where major resistance waits.
📌 Short Outlook
ETH remains bullish as long as it holds $3,200–$3,250.
A clean continuation toward $3,650 is likely unless the lower channel breaks, which would signal trend weakness.