⚡ $5,000 ETH? Just One Break Away From a Historic Move The
学徒的心态交易
Updated at: 4 hours ago
{"content":"⚡ $5,000 ETH? Just One Break Away From a Historic Move
The Ethereum price is again attracting attention as a bullish chart pattern forms. Analyst Merlijn the Trader believes buyers are entering following multiple rebounds, suggesting a market tilt toward bulls. He says momentum is rising, but one crucial barrier level remains. The expert says this setup typically leads to spectacular advances to higher goals.
Ethereum Price Triple Bottom
Merlijn the Trader says Ethereum's charts suggest a triple bottom. He says the price has bounced three times off the same support floor, producing a sturdy foundation. He thinks each rebound shows that buyers are confidently buying when prices fall while sellers are weakening.
The expert believes this behavior indicates that sellers are exhausted after repeated unsuccessful efforts to break through the support level and that downward pressure is waning. Merlijn calls this a positive confirmation.
The Ethereum price's consistent floor shows him that bulls are ready to push further. He thinks the triple bottom signals a powerful rally. Merlijn says momentum is only waiting for a breakout with this structure in place.
Ethereum must clear $4,540, according to Merlijn the Trader. He says this level is the last halt for price growth. If price breaks $4,540 strongly, the analyst expects $5,000 soon. He said, “clear that line, and $ETH goes vertical.”
The expert cautions that resistance levels determine market movement. Ethereum remains below it, but pressure is mounting.
Ethereum traders are eyeing this critical price level. The triple bottom has signaled support, and buyers are poised. With sellers weary and momentum building, Ethereum's sole challenge is $4,540. If so, the analyst expects $5,000 shortly.
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