Ethereum Price Trapped in Symmetrical Triangle as Monthly Chart Shows Bearish Double Top
Key Notes Double top pattern emerges at $4,000 resistance level, creating long-term bearish signal for Ethereum’s price trajectory. Symmetrical triangle formation confines ETH between $2,200-$2,870 range with compressed volatility indicating imminent breakout. Long liquidations totaled $28.25 million versus $11.91 million in shorts, suggesting overleveraged bullish positions. Ethereum ETH $2 434 24h volatility: 0.2% Market cap: […]