#Ethereum #ETH #ETHUSDT
Hello my dear reader, I hope you are having a lovely weekend and things are great for you. The market is surely to support your doing good right now and it gets better next week and all through early 2026. We have the support of the market—Crypto.
Ethereum has been rising (fighting) through a recovery since 21-November. We saw some action even some excitement but not much more. The last high ended as a lower high compared to 10-December but even with this bearish signal I continue to predict for you, additional growth.
Ether now closed four days red, nothing much. The action continues to happen above EMA34. This level first conquered as resistance and now confirmed as support.
Early July 2025 it was the same. The action hovered around EMA34 as the market was consolidating. The result was the continuation of the bullish wave. This time, we get a resumption and we can say, yes! It seems to be happening today. At least, this is the start.
Next week... Do we start green right away?
Ethereum is now rising above $3,000, you know, a major level. Trading above $3,100, still pretty early and slow. No volume at all. How to interpret these signals? Easy of course.
The main low 21-November 2025 was $2,623. The last peak was $3,447. The action is happening much closer to resistance vs support. The action is a recovery based on the November rise. Since we are neutral now, the same conditions as before the neutral period valid remains. This means that we are bullish and a continuation is set to develop. That's my interpretation of the chart and signals at this point.
No bearish action is bullish action. When the market was bearish, four consecutive days red after a lower high would definitely cover lots of ground and even produce a new low. This isn't the case anymore. Four days red did nothing, and that's because the bears are gone. Sellers are gone. Tomorrow we get a resumption. Ethereum is going up!
Namaste.
✅ Trade here on $ETH
