May 7, 2025

Ethereum [ETH] Set for Bullish Breakout: Double Bottom Pattern and ETF Update Fuel 5.5% Surge

1 min read

Ethereum has shown a bullish double-bottom pattern on the 4-hour chart, indicating potential upward momentum. If ETH reaches the $3,250 mark, it will result in the liquidation of $1.65 billion in short positions, a fact that short sellers are closely monitoring. The recent announcement of a spot Ethereum ETF in the U.S. has led to

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Source: CoinOtag

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