Ethereum’s Triple Bottom Hints at $4K Breakout Next

Ethereum is showing potential for a significant price surge in October. Analysis suggests the asset could break above its recent resistance, leading to a 10% increase from current levels by early November. This prediction comes from a prominent trader who sees a ‘triple bottom’ pattern on the 4-hour chart. The pattern indicates that prices have repeatedly hit support around $3,750-$3,800. This consistent buyer activity is fueling a potential breakout above resistance near $3,950-$4,000.