Ethereum
Long

Ethereum Technical Setup Hints at Major Breakout Above $4,000

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Ethereum Monthly Chart Analysis | Cup and Handle Formation
Ethereum appears to be forming a classic Cup and Handle pattern on its monthly chart
a bullish technical setup that typically precedes a significant price breakout. This pattern has been developing gradually since ETH's all-time high in November 2021, when it peaked near $4,800.

Over the past two years, ETH has slowly recovered, rounding out the right side of the cup. By mid 2025, ETH was trading near the key resistance zone of $3,800–4,000, aligning with the prior support zone from late 2021. This completes the cup portion of the pattern. In August 2025, ETH began pulling back by approx 15–20%, signaling the potential formation of the handle, a typical short term consolidation before a breakout

Breakout Potential and Price Target

The depth of the cup from $4,800 (resistance) down to $880 (support) is roughly $3,920. According to traditional Cup and Handle theory, once ETH breaks above the neckline resistance ($4,000), the expected upside target is calculated by adding this depth to the breakout level:

Breakout Target = $4,000 + $3,920 = $7,920 which is make sense

so next targets are 3800, 3900 and 4100$ for now

Also SharpLink Gaming and BLACK ROCK load every dip so far and

most big alts hit their ATH so now its ETH show time



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