ETH/USDT 4-Hour Technical Analysis

Ethereum is currently trading within a broad symmetrical triangle, and the price has maintained the lower boundary support after recent pullbacks. This is a typical consolidation pattern.

From a morphological perspective, as long as ETH remains above the lower boundary support, there is a strong possibility of an upward breakout to the upper boundary of the triangle. The position of this upper boundary becomes a key resistance level. Once a valid breakout occurs, it will open up room for further upward movement.

Traders need to pay attention to volume confirmation—an increase in volume during the breakout is necessary to confirm trend continuation. If the price repeatedly oscillates near the support level, it may indicate that the direction is still unclear. Maintain patience and observe the final breakout direction of the pattern.