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👀 #Ethereum may have just lit the spark for its next major bull run. ⚡
After consolidating for months below the $3,750 resistance, ETH broke out with explosive volume and cleared historical supply levels. The #breakout followed a textbook cup and handle formation, a powerful bullish continuation pattern. #Volume is rising, RSI is entering strong momentum territory without extreme overbought signals yet, and price structure is holding above all key moving averages.
The trendline from the 2025 low remains intact and ascending, giving $ETH a solid base. With the breakout confirmed and buyers firmly in control, Ethereum now targets the $4,200 area based on the measured move projection from the pattern.
This breakout flips prior resistance into fresh support, giving bulls the upper hand as long as ETH holds above $3,800. If ETH remains above this level in the coming days, it could trigger further institutional buying and retail FOMO.
Is this the beginning of Ethereum’s run to new all-time highs?
#ETH Breaks Through $3,800 #Altcoins on the Rise