According to market analysts, Ethereum's price action suggests a bullish divergence, indicating a potential surge of over 43% with a price range of $4,811 to $4,867. Breaking through the $4,800 resistance level would solidify Ethereum's bullish trend and reinvigorate optimism in the crypto space. Technical patterns, such as the inverted cup and handle pattern on a macro scale and the falling wedge pattern on a shortened time frame, further support the potential for an explosive growth phase. The steady incline in volume during upward price movements and higher lows in recent price action provide a structurally sound foundation for a sustained rally. Historical performance during similar consolidation periods and the ability to remain above the $3,300 support zone also favor Ethereum's bullishness. If Ethereum breaks past $4,800, it could lead to a push towards its next major target of $8,000, provided other market conditions are favorable. The falling wedge pattern on the 4-hour chart and higher lows on the daily chart further reinforce the potential for a breakout. The Relative Strength Index (RSI) is also indicating significant buying pressure.



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