$ETH is approaching another make-or-break moment on the weekly chart.

Ethereum has now formed a third consecutive rising wedge on the weekly timeframe, and the previous two patterns both resolved with aggressive downside moves.

This time, however, price is testing the upper boundary after a stronger recovery from the recent lows, making this a critical technical level to watch.

A confirmed breakout would invalidate the bearish sequence and could open the door for a sustained move into higher resistance zones.

On the other hand, another rejection from the wedge resistance would reinforce the recurring pattern and increase the probability of another corrective leg.

The next few weekly candles could define Ethereum's next major trend. Wait for confirmation—discipline always outperforms speculation.

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