Technical analysis by TradingMula about Symbol ETH on 12/25/2024

The technical analysis of Ethereum (ETH) is displaying a classic bullish inverse head and shoulders pattern. This bullish formation suggests a strong upward breakout is imminent, potentially signaling a significant price surge for ETH. Ethereum, the world's leading blockchain platform for decentralized applications (dApps), is revolutionizing industries across the globe. From DeFi to NFTs and beyond, Ethereum provides the foundation for a new era of innovation and decentralized technologies.Accumukation seen between 3250-3500 sets up possible move to 3750-4000 short term Long term a neckline break of 4K will allow new highs towards $6kNow looking ready to move towards the neckline at 4K