Ethereum broke a long-term downtrend in May, retested the breakout zone, and launched into a powerful rally that has now brought price back to the December 2024 high supply zone. This area is a key decision point — a clean breakout could lead to new highs, while rejection here may trigger the first real pullback since the rally began.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.