ETH Breaks: Is This the Launchpad for the Next Impulsive Rally?Ethereum / US DollarCOINBASE:ETHUSDXauMasterNetworkEthereum has just delivered a clean impulsive breakout, shifting the short term structure from compression into expansion. The current price action is no longer random it is reacting precisely to key structural levels, and this gives us a very clear framework for the next move. After a prolonged range and base-building phase, ETH respected the lower demand zone and EMA support before accelerating higher. The breakout candle was strong, decisive, and came with clear displacement, confirming that buyers are in control for now. Key Technical Observations Price has now broken above the prior range high (~3,220–3,250), which previously acted as a supply / resistance area. This zone has flipped into new support, and current consolidation above it is a bullish sign, not weakness. The EMA is starting to slope upward again, reinforcing the idea that momentum is transitioning back to the upside. Bullish Scenario (Primary Bias) As long as price holds above the broken structure / support zone, the bullish continuation remains valid. The projected path suggests: - A shallow pullback or consolidation above support - Followed by continuation toward higher liquidity Upside objectives: - First expansion toward the mid-range highs - Then continuation into the upper resistance / liquidity zone near 3,450–3,480 This type of structure — impulse → hold → continuation — is typical of markets preparing for another leg higher. Bearish Scenario (Alternative) If price fails to hold above the flipped support and re-enters the prior range, the bullish setup weakens. In that case: - Expect a deeper retracement toward 3,170 - Extended downside could target the lower demand zone near 3,080 This would signal a false breakout rather than continuation. Conclusion ETH is currently at a decision point, but the structure favors buyers. The market has already shown its hand with strong displacement, and unless support is lost, dips are likely to be corrective, not trend-ending. This is no longer a ranging market. ETH is transitioning back into expansion mode. Patience now is key: let the pullback confirm, then follow the direction of strength.