ETH has broken above the long-term trendline, a major structural shift on the weekly chart.
From here, I think price may pull back to retest the trendline along with the bull market support band.
If that retest holds and momentum stays constructive, ETH could bounce strongly and eventually push toward making a new all-time high.
🎯 Conclusion: My view is bullish in the bigger picture — I expect ETH to retest the trendline and bull market support band before attempting a major breakout to new highs.
From here, I think price may pull back to retest the trendline along with the bull market support band.
If that retest holds and momentum stays constructive, ETH could bounce strongly and eventually push toward making a new all-time high.
🎯 Conclusion: My view is bullish in the bigger picture — I expect ETH to retest the trendline and bull market support band before attempting a major breakout to new highs.
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