$ETH Title: Ethereum (ETH): A Bullish Rounding Bottom Forms as the Foundation for a New Market Cycle
Paragraph: Ethereum is methodically forming a major, long-term bullish rounding bottom pattern, signaling a decisive transition from a prolonged period of accumulation to the early stages of a new, fundamentally-driven uptrend. This gradual U-shaped recovery reflects the market's growing recognition of Ethereum's strengthened foundation following its successful transition to proof-of-stake, which established a deflationary economic model and set the stage for sustained scalability through subsequent upgrades like Dencun. The pattern's development coincides with a resurgence in network activity, propelled by the robust growth of Layer 2 ecosystems, a revival in decentralized finance (DeFi) and non-fungible token (NFT) innovation, and the burgeoning institutional narrative surrounding the potential approval of spot Ethereum ETFs. As the rounding bottom nears completion, it suggests that ETH has established a durable value base, positioning it not for a speculative spike, but for a powerful and sustained revaluation as the central hub of programmable value and the cornerstone of the next wave of mainstream blockchain adoption.$POWER $PIPPIN
