Ethereum confirmed its surge above the psychological $2,600 mark, marking a breakout from the lateral consolidation phase that had persisted since summer in the $1,800-$2,000 range. This move validates the forecast by certified technical analyst Aksel Kibar, who had predicted this scenario back in mid-August with an intermediate target set at $2,163. The critical level to watch now stands at $2,550: if Ethereum manages to hold firmly above this threshold without significant pullbacks, it will establish a solid foothold for further growth. Otherwise, the current surge toward $2,630 would remain nothing more than a temporary spike within a prolonged sideways market.
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