{"content":"🚀 Ethereum Defends Crucial Support — Classic Pattern Hints at Major Breakout Coin bulls are trying to recover, with Ethereum trading 75% above its April lows. This strong recovery leaves ETH 98% behind its all-time highs, giving space for growth if bullish momentum intensifies. Many experts and investors now see Ethereum as the leading contender for the altseason. With bulls and bears fighting over $2,400, Ethereum is at a significant technical level. Buyers have held the critical support zone, but market mood is cautious, limiting upward progress. Many investors are wary about high-beta assets like Ethereum due to geopolitical concerns and tighter macroeconomic circumstances. Still, seasoned experts are watching the long-term setting. Pillows suggests a historical pattern that might shape Ethereum's future. His study shows that ETH has retested its lower trend channel once in each major market cycle, preceded by massive rallies. Ethereum grew 300x from this configuration in 2017. It returned 50x in 2021. ETH might reach $10,000 with a prudent 6x move if history repeats itself. Ethereum is stabilizing around $2,422 after regaining the $2,400 support zone, but the chart suggests strong resistance above present levels. On the 12-hour timeframe, ETH has failed to break above the 50- and 100-period simple moving averages around $2,518 and $2,536, respectively. This cluster of resistance has capped every recent advance higher, establishing it as a short-term obstacle bulls must overcome to restore momentum. Bears may retake control if price fails to keep above the 200-period SMA at $2,160 on further falls. Ethereum is range-bound, stuck between macro uncertainty and altseason bullishness. A break over $2,550 would signal fresh vigor and a drive for $2,800. #ETH #BTC110KToday? #SaylorBTCPurchase $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/28/025081f3a2e1426db8f5cd2e0c26f774.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}