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Ethereum's daily bearish head-and-shoulders pattern just got invalidated. The real play here is what's forming on the weekly chart—a textbook bullish H&S setup that could be absolutely massive if it develops as expected.
If this weekly pattern plays out correctly, we could be looking at ETH reaching $10,000. That's the kind of move that shifts the entire market narrative.
The breakdown on the daily initially suggested more downside, but weekly structures tend to carry more weight when you're sizing up longer-term moves. Worth keeping tabs on how this unfolds over the next few weeks.