ETH breakout was clean — now it needs the retracement to load the next move.
Ethereum spent three days grinding inside a tight range, with the $2,277–$2,300 demand zone acting as the structural base. That zone absorbed everything until April 22 when price finally launched through $2,300–$2,320 and ran straight to $2,420 in one impulse.
That breakout was real, but the move from $2,395 toward $2,458 won’t come without a pullback. The $2,300–$2,320 block is now the unmitigated demand zone price must revisit. A return there, sweeping liquidity just below, sets the stage for the next leg higher.
Current consolidation around $2,394 is healthy. Whether the pullback comes sharp or gradual, how $ETH reacts at $2,300–$2,320 decides if $2,458 stays in play.
Hold the zone → delivery shifts upward. Lose $2,300 with momentum → $2,277 base comes back into focus.
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