⬤Ethereum is back on traders' radar after a clean push higher on the hourly chart. Price lifted from the $2,080-$2,100 zone and accelerated toward $2,250-$2,280, printing a steady sequence of higher lows along the way. The structure points to persistent buying pressure -- brief consolidations followed by sharp bullish impulses, with each pause setting a higher floor than the last.
⬤The ETH/USD hourly chart shows a classic staircase pattern: each consolidation holds above the previous one, signaling that sellers are being absorbed while the broader uptrend stays intact. Ethereum broke through the $2,055-$2,150 resistance band -- a key technical barrier -- and that breakout reinforced momentum heading into higher resistance territory.
⬤The $2,190 area has emerged as the near-term decision point. If buyers hold this level and flip it into support, it tends to confirm stronger continuation in technical analysis frameworks. ETH bulls are now looking to flip the $2,190 resistance into a base before pressing higher. Above there, the $2,250-$2,300 band represents the next natural resistance within the ascending channel.
⬤As long as the higher-low structure holds, the near-term bias stays bullish. Ethereum is tracking a 5-point ascending channel targeting the $2,300 zone, and price behavior around current resistance levels will likely determine whether this rally extends into a breakout or rolls into another consolidation before the next directional move.
Saad Ullah
Saad Ullah