Ethereum Bulls Aim for 90% Surge: Technical Signs Point to Potential Parabolic Rally

Ethereum’s bullish momentum is generating significant buzz as traders eye potential parabolic gains, with analysts highlighting a bull flag pattern and the Gaussian Channel signal. This comes after ETH surged over 5%, trading above $2,667 following a consolidation phase between $2,400 and $2,750. The price action indicates an upward trend towards the $3,600 mark if key resistance levels are overcome. However, caution is warranted as traders remain cautious about potential corrections or range-bound behavior.