ETH forms a triangle convergence at the end, an explosion is imminent. The hourly chart completes an "ascending triangle" consolidation, MACD golden cross pattern continues, and the Bollinger Bands open up (BOLL bandwidth breaks ±2%).
If the bulls stabilize above 4,350, it will confirm the breakout of the Wyckoff accumulation pattern, targeting 4,500→4,800 USD (measured target of the symmetrical triangle).
If ETH breaks below 4,200 and closes under it for 2 hours, it may trigger a chain liquidation (ELR leverage ratio reaches a high-risk value of 0.68).
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