Breakout Countdown: Top Trader Reveals Bullish Ethereum Setup

Key Points

1. Ethereum (ETH) is showing renewed bullish momentum, with $2,200 as a critical support level to watch.

2. The ETH/USD chart indicates a strong bounce from the $1,800-$2,000 support zone, which previously acted as resistance in 2021.

3. If ETH maintains above $2,200, it could target the next resistance area near $3,000, a level where it has previously topped out since early 2023.

4. The trader, DonAlt, emphasizes the importance of higher time frame trends, noting that ETH's overall uptrend remains intact.

5. Current trading price of ETH is around $2,630, reinforcing the bullish outlook if support levels hold.