$ETH Analysis Examining the monthly chart reveals the gravity of the situation. Each candle represents a 30-day period, and we have witnessed six significant interactions with the $2,000 level, which is critical for our analysis. The specific points of focus are as follows: 1. Breakthrough of the $2,000 Level: This initial movement set the stage for subsequent price action. 2. Seven Months of Attempted Breakthroughs: This indicates strong resistance at this level. 3. Successful Breakthrough on the Monthly Chart: A pivotal moment that signifies potential upward momentum. 4. Three-Month Retest: This shows a consolidation phase, confirming the strength of the breakout. 5. Retest with Close and Shadow Over Three Months: This adds further validation to the price action observed. 6. One Month of Current Retest: We are now witnessing a second retest, which will be crucial for future movements. At this juncture, it is imperative that we do not fall below the 1,800$ mark. A breach of this level could trigger a significant decline in price. Therefore, continuous monitoring of the chart is essential.