ETH is likely forming a symmetrical triangle on longer timeframes, a breakout can go either direction depending on market sentiment and volume. Posts on X and technical analyses suggest Ethereum is nearing a critical breakout point, with some analysts eyeing a potential bullish breakout due to historical patterns and recent BUYING PRESSURE.
SUPPLY CRUNCH ON THE EXCHANGES.
SUPPLY CRUNCH ON THE EXCHANGES.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.