$ETH is still holding the triangle floor, and that’s the main story here. Buyers stepped in around the $1,996 area after the late-May selloff, and now price is squeezed right at the apex of the structure.


That kind of compression usually means the next move can come fast. The key is whether ETH can break the upper side of the triangle and start accepting above it. If that happens, the short side starts looking crowded under $2,000, and late sellers can get squeezed into buying back.
I’m watching this as a reclaim-and-break situation, with the bigger resistance near $2,110 still the next ceiling if momentum follows through. If ETH slips back and loses the recent swing low, the bullish read weakens quickly.
ETH-1.95%
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