$ETH Ethereum continues to respect a well-defined cyclical structure visible on higher timeframes.
Historically, ETH price action has followed a repeated sequence:
impulsive expansion → deep correction → consolidation → next expansion
The chart shows ETH already completed a major upside move, followed by a strong correction, and later reached the $4,900–$5,000 region, aligning with prior cycle behavior.
Currently, price is retracing into a key support / demand zone between $2,800 and $3,200. This area has previously acted as a strong base. As long as ETH holds above this range, the broader bullish market structure remains intact.
From a structural perspective, this zone aligns more with re-accumulation rather than distribution. Short-term volatility does not invalidate the higher-timeframe trend while support holds.
🎯 Levels to Monitor
• Resistance: $3,800
• Resistance: $4,400
• Cycle extension: $4,950+
This outlook is based on historical price behavior and market structure, not a prediction or financial advice.
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