$ETH Compression Before Expansion

Ethereum is coiling inside a contracting triangle since late Nov volatility is tightening and a decisive move is loading

What the chart says

Two clean rejections at the 200day EMA this is the key resistance

Higher lows holding near $290K uptrend still intact

Structure remains bullish as long as the rising trendline holds

Breakout Trigger 🚀

Daily close above $320$325k

reclaim of the 200day EMA

trend reversal confirmed

Target $4200

Invalidation

Daily close below the rising trendline structure fails reassess

Bottom line

Compression breeds expansion Hold above $290K keeps bulls alive clear $325K with a daily close and ETH could accelerate fast toward higher time frame targets

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Market analysis only not financial advice