$ETH is slowly shaping an interesting higher-timeframe setup.
Higher lows are forming, but the $4.8K–$5K zone is still the big level standing in the way.
At around $2.46K, this is still a setup not a breakout.
If ETH eventually reclaims that resistance with a strong weekly close, the bigger move toward $8K–$10K becomes much more realistic.
Until then, I’m watching the structure and staying patient.
Higher lows are forming, but the $4.8K–$5K zone is still the big level standing in the way.
At around $2.46K, this is still a setup not a breakout.
If ETH eventually reclaims that resistance with a strong weekly close, the bigger move toward $8K–$10K becomes much more realistic.
Until then, I’m watching the structure and staying patient.
