Ethereum is quietly setting up for its next move.
$ETH just pushed above $2,350, and the structure on the chart is getting interesting.
Right now Ethereum is holding above $2,300 and the 100-hour moving average, which keeps short-term momentum in the hands of the bulls.
But the real level everyone is watching is $2,380.
Why?
Because a clean break above $2,380 could open the door to the next targets:
➡️ $2,420
➡️ $2,500
➡️ $2,550
At the moment, a contracting triangle is forming — usually a sign that a bigger move is coming soon.
But markets always have two sides 👇
If Ethereum fails to break $2,380, we could see a pullback toward $2,260 before the next attempt.
For now the chart is sending a simple message:
Ethereum is compressing… and volatility is getting ready to expand.
#ETH #SECClarifiesCryptoClassification #MarchFedMeeting #Write2Earn #BinanceSquare