Analyst Crypto Patel has identified a bullish breakout setup for Ethereum (ETH), which is currently retesting a resistance line it has only reached twice before, in 2021 and around 2025. If this resistance breaks, ETH could climb a ladder of targets ranging from $5,000 to $15,000, while the cryptocurrency is currently trading around $2,500. Trading volume jumped 28% in 24 hours to near $16.3 billion, a sign of fresh activity around this key level. ETH is up 31% over one month but remains 44% below its level from a year ago and 50% below its August 2025 all-time high. Another analyst, NoName, offers a different perspective, anticipating a Wave 4 correction with first support at $2,324.
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