{"id":61444,"date":"2025-12-02T13:17:47","date_gmt":"2025-12-02T13:17:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=61444"},"modified":"2025-12-02T13:17:47","modified_gmt":"2025-12-02T13:17:47","slug":"ethereum-coil-tightens-break-to-4-5k-or-7-6k-incoming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=61444","title":{"rendered":"Ethereum Coil Tightens: Break to $4.5K or $7.6K Incoming?"},"content":{"rendered":"<div>\n<p>Ethereum (ETH) is trading around $2,850, showing a small drop over the last 24 hours. The weekly performance is slightly negative at 2%.<\/p>\n<p>While the price action remains range-bound, chart patterns and market signals are drawing attention from traders.<\/p>\n<h2>Falling Wedge Pattern Tightens on 12-Hour Chart<\/h2>\n<p>Analyst Don has identified a falling wedge forming on Ethereum\u2019s 12-hour chart. This pattern, shaped by two descending and converging trendlines, typically appears near the end of a downtrend. The asset is compressing further within the structure, with lower highs and lower lows.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> failed to breakout, but price is compressing inside of the falling wedge pattern which is a bullish reversal pattern <a href=\"https:\/\/t.co\/qX71ECwxZF\">pic.twitter.com\/qX71ECwxZF<\/a><\/p>\n<p>\u2014 Don <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f402.png\" alt=\"\ud83d\udc02\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@DonaldsTrades) <a href=\"https:\/\/twitter.com\/DonaldsTrades\/status\/1995770005661647020?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>So far, ETH has not broken out. The pattern is still intact, but the price is nearing the wedge\u2019s apex. Don noted that a confirmed breakout above the upper trendline could shift momentum upward. A breakout could target higher resistance zones, with $4,500 marked as a key level on Don\u2019s chart.<\/p>\n<p>Moreover, on the weekly chart, Bitcoinsensus <a href=\"https:\/\/x.com\/Bitcoinsensus\/status\/1995799100021944408?s=20\">pointed<\/a> to a possible inverse head-and-shoulders pattern. This includes a left shoulder formed in mid-2024, a head near $1,500 in early 2025, and a right shoulder now taking shape. The neckline sits at around $4,800.<\/p>\n<p>This structure is often linked to long-term trend shifts. If the price closes above the neckline, the move could activate a larger rally. The estimated target, based on the height of the pattern, is around $7,600.<\/p>\n<h2>Key Price Levels and Market Behavior<\/h2>\n<p>According to trader Lennaert Snyder, ETH is currently reacting to resistance near $2,850. A reclaim of this level may open the door toward $3,000. Snyder <a href=\"https:\/\/x.com\/LennaertSnyder\/status\/1995812478903636370?s=20\">added<\/a> that a rejection here could push the price back toward $2,700.<\/p>\n<blockquote>\n<p>\u201cIf we reject ~$2,840 resistance here, I\u2019m shorting the failure,\u201d he said.<\/p>\n<\/blockquote>\n<p>Elsewhere, Titan of Crypto <a href=\"https:\/\/x.com\/Washigorira\/status\/1995542696652579134?s=20\">reported<\/a> that ETH is testing the SSB level on the Ichimoku Cloud. A hold at this level could lead to a bounce toward $3,500. If support fails, lower levels may come into play.<\/p>\n<h2>Whales Hold Steady Near Realized Price<\/h2>\n<p>CW <a href=\"https:\/\/x.com\/CW8900\/status\/1995825048477901063?s=20\">stated<\/a> that Ethereum is now trading close to the realized price of accumulation addresses, which reflect the average entry price of larger wallets.<\/p>\n<blockquote>\n<p>\u201cThe current price is similar to the average bought price of whales,\u201d CW said.<\/p>\n<\/blockquote>\n<p>Whale activity has remained steady, while broader market interest has also returned. Following Ethereum\u2019s drop to near $2,800, open interest in ETH futures increased, <a href=\"https:\/\/cryptopotato.com\/ethereum-open-interest-surges-as-eth-price-dumps-to-2-8k-what-does-it-mean\/\">pointing<\/a> to renewed positioning in the market. Accumulation at these levels has continued since mid-year, supported by easing financial conditions and steady inflows.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-coil-tightens-break-to-4-5k-or-7-6k-incoming\/\">Ethereum Coil Tightens: Break to $4.5K or $7.6K Incoming?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (ETH) is trading around $2,850, showing a small drop over the last 24 hours. The weekly performance is slightly negative at 2%. While the price action remains range-bound, chart patterns and market signals are drawing attention from traders. Falling Wedge Pattern Tightens on 12-Hour Chart Analyst Don has identified a falling wedge forming on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-61444","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/61444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61444"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/61444\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}