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Ethereum triple bottom setup hints at a $4K breakout next
Ethereum’s native token, Ether , is hinting at a textbook bearish reversal setup after dropping 6.50% so far in October. As of Thursday, Ether’s 4-hour chart shows a triple bottom, a setup that forms when prices hit the same support level three times and fail to break lower each time. For ETH, that support sits around $3,750–$3,800, where buyers have consistently stepped in to defend the price. Each “bottom” shows sellers losing strength, while buyers quietly build momentum. chart Now, Ethereum faces a key hurdle at its neckline resistance near $3,950–$4,000. This area also aligns with the 50-period ... (full story)
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