🚀 Ethereum Is Coiling For A Historic Move — $24,000 Is Not Crazy
On the weekly chart, ETH has been respecting a multi-year ascending structure while compressing below a major resistance zone — exactly the kind of setup that precedes explosive expansions.
📊 Bullish signals stacking up:
• Long-term trendline support holding since cycle lows
• Repeated higher lows — strong accumulation behavior
• Resistance being tested multiple times (pressure building)
• Structural compression — volatility expansion likely next
History shows that when Ethereum breaks multi-year resistance, the move is not slow — it’s vertical.
If this breakout confirms, the measured expansion projects toward the $14K–$24K range during peak cycle momentum.
🔥 Why this cycle could be bigger:
• Supply shock from staking + burn dynamics
• Institutional flows entering the ecosystem
• Ethereum remains the backbone of DeFi, stablecoins, and Layer 2 growth
• Liquidity cycles historically favor ETH late in bull markets
Markets climb a wall of worry — and Ethereum thrives in disbelief phases.
⚠️ What would invalidate the thesis?
Only a clear breakdown of the long-term structure or major macro liquidity shock.
Until then, dips are noise within a larger bullish trend.
💬 My view:
Ethereum is not just another altcoin — it’s the settlement layer of the digital economy.When momentum returns, the move could surprise most participants.Are you positioned before the breakout?
#ETH #Write2Earn #Altseason #CryptoBullRun #BinanceFeed $ETH $BNB $USD1