Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

ETH “Hidden Bull” Setup Gains Strength as Analysts Point to a 75% Path Toward $4,958.75

robot
Abstract generation in progress

ETH holds a rising trendline as analysts track a Hidden Bull structure toward $4,958.75.

Derivatives data shows rising open interest and strong volume as buyers defend key support zones.

ETH forms higher lows inside an ascending triangle while pressure builds near $2,950–$3,000 resistance.

Ethereum records a positive daily close while price action continues to move along a rising trendline, and analysts note that ETH is further solidifying a Hidden Bull setup. The current structure points toward a possible recovery move of more than 75% toward the all-time high at $4,958.75.

Rising Trendline Supports Hidden Bull Structure

Ethereum trades near $2,797 while moving toward a rising trendline that has guided price action across recent months, according to analysis prepared by Javon Marks. The chart shows ETH touching this upward support after a steady decline, and the recent close above the line forms part of the same higher-low structure.

Market data from CoinMarketCap lists Ethereum at $2,797.59 with a small daily loss of 0.32%. The price moves within a visible intraday range as traders react to short upward and downward movements. Trading volume rises more than 37% to $24.14 billion, and the market cap remains near $337.65 billion

Source: CoinMarketCap

The chart shows a clear rebound near $2,850 before returning toward the lower zone, while the final readings match the $2,797 area. The structure presents steady reactions along the trendline, and analysts note that the positive close forms new confirmation for the Hidden Bull pattern.

Market Structure Supported by Derivatives and Demand Zones

According to an observation by Aman, ETH trades near $2,809 while forming an ascending triangle with a rising support line. The chart shows pressure building near a resistance area between $2,950 and $3,000, and the candles form higher lows inside this consolidation

Source: Aman(X)

A projected path marks a breakout above the resistance, followed by a retest inside the same pattern. Derivatives data records open interest rising 2.30% to $34.57 billion, and this move aligns with traders adding exposure during the bounce

Volume increases more than 25% to $73.14 billion, and liquidations remain balanced across long and short positions. The volume profile shows buyers defending the $2,500 to $2,600 area, which forms a structural support shelf. Market watchers now study whether ETH can clear the channel and move toward the recovery targets connected to the Hidden Bull setup.

The post ETH “Hidden Bull” Setup Gains Strength as Analysts Point to a 75% Path Toward $4,958.75 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ETH-2.25%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)