Since making its all-time high, the $ETH price has been trending downwards. However, momentum indicators have reset, and the price is at the end of a pattern that is breaking now. Could this breakout send $ETH back to its high?
$ETH breakout from descending triangle
Source: TradingView
The above 4-hour chart for $ETH reveals a descending triangle, with the price right at the tip, and possibly about to break to the upside. Descending triangles are generally bearish, and a breakout would normally be expected to be to the downside. However, if this breakout does occur, and it is confirmed, this would be rather bullish.
Of course, this could just be a small fakeout, as has happened previously, and this could just turn around and exit through the bottom of the triangle. More time is needed to assess this, although a break one way or the other has to come, and within the next few hours.
$ETH daily chart is positive
Source: TradingView
The daily chart is looking optimistic. While
We współpracy z: https://cryptodaily.co.uk/2025/09/is-ethereum-eth-about-to-break-out
