Ethereum Charts Triple Bottom Pattern, Eyeing Breakout Above $4,280

Ethereum has formed a triple bottom pattern near the $3,750 price level, signaling a potential breakout toward the $4,280 level. This technical indicator is fueling anticipation among traders and analysts who are closely watching for movement. 372.6 billion in TVL supports Ethereum’s growth potential. Record daily USDT transactions totaling $27.6 billion highlight rising adoption of the cryptocurrency. If the asset breaks above the $4,000 resistance level, it could surge toward its next target of $4,280, potentially resulting in a 10% increase.