ETH Breaks Out of Falling Wedge Pattern, Eyes $4K

Ethereum (ETH) has broken out of a falling wedge pattern and is now testing the upper boundary of a downtrend channel that has capped price action since September 2025.

The largest altcoin's overall macro trend is bullish, with a recent surge in trading volume. ETH buyers have been defending a key demand zone, which could lead to further upside targets between $2,200 and $4,000, depending on continued buying pressure and favourable market conditions.

A weekly close above the $2K level would strengthen the bullish outlook and confirm a broader trend reversal. However, a failure to reclaim this range could see Ethereum face renewed selling pressure and increase the risk of revisiting lower support zones.