Ethereum Nears Key Breakout as Triple Bottom Formation Suggests Strong Momentum

Ethereum is poised for a significant breakout after forming a triple bottom pattern, with resistance near $4,540 drawing attention from traders. Analysts believe the cryptocurrency could surge towards $5,000 once it surpasses this level. 20% correction observed in Bitcoin before its all-time high suggests Ethereum might experience a brief dip around $3,800-3,900 as it builds momentum for new records.