Ethereum completed a major bullish breakout after consolidating in the $1.83K-$1.97K zone, reaching approximately $2.55K before pulling back to around $2.39K. A major resistance zone sits between $2.44K and $2.51K, with key support located in the $2.07K-$2.15K area. On the 4-hour chart, ETH surged from roughly $1.87K to near $2.55K in just a few sessions, and Fibonacci retracement levels suggest a potential pullback toward the $2.07K-$2.21K zone. A decisive loss below $2.07K would weaken the bullish structure, though for now the pullback appears more consistent with cooling momentum after an outsized rally than a confirmed reversal.
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