$ETH Breaks Out of Its Daily Wedge Structure and Builds Momentum Toward $5,000
* Ethereum confirms a falling-wedge breakout with chart projections pointing toward the $5,000 zone.
* Network activity remains strong as DeFi TVL, stablecoin supply, and on-chain metrics show steady use.
* The #Fusaka a upgrade boosts data capacity while analysts track ETH’s advance within the breakout range.
#Ethereum traded at $3,019 at the time of writing, and the daily chart now records a confirmed falling-wedge breakout. The structure formed through steady lower highs and lower lows before price moved above the upper wedge boundary. The angle of this report is clear: the breakout is confirmed, and the next technical target sits near $5,000, according to chart projections and market data
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