$ETH surged strongly after consolidating below the 4000 level and broke out of a wedge continuation pattern. The market is now pulling back into a support area, where bullish engulfing structure is forming to defend the zone. Holding above this support block is critical to confirm momentum continuation. If sustained, the move is expected to extend toward the 4800–5000 target zone.


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August 22, 2025 at 11:28 AM
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