Ethereum Bull Flag Signals Potential for 33% Surge to $3,577

Ethereum is showing positive momentum with a potential bull flag pattern emerging on the charts. The price bounce above its 200-day EMA support suggests growing bullish sentiment, and analysts project this upward trend could reach up to $3,577. This level aligns perfectly with a target identified in the bull flag pattern’s Fibonacci retracement levels. Open interest has also increased significantly, indicating heightened trader participation in the market. 200-day EMA support provides additional technical strength to the bullish setup.