Ethereum Price Analysis: ETH Breaks Bull-Flag Pattern

Ethereum has broken out of a bull-flag formation at $2,660, with the price currently trading at $2,675. While the breakout suggests potential upside toward $3,050, macro headwinds and bond market volatility keep the rally on probation. Analysts note that a weekly close above $2,550 is critical for long-term gains, while a sustained move above $2,800 could confirm the trend toward the $3,050–$3,445 range. Conversely, a drop below $2,350 would invalidate the current bullish structure.