Breaking the trendline - buying pressure increases ETH price.Ethereum / U.S. dollarBITSTAMP:ETHUSDJJainy🔺Related Information: (ETH) Ethereum (ETH) is trying to push back above the $2,100 mark on Tuesday after reports indicated that Iran’s President Masoud Pezeshkian may be willing to bring an end to the conflict with the US and Israel, provided certain “guarantees” are secured, according to Bloomberg. While the specifics of these guarantees remain unclear, the news triggered a roughly 5% decline in WTI crude prices, while cryptocurrencies moved higher alongside equities. This development has allowed markets to momentarily move past the bearish pressure caused by concerns over Google’s quantum computing research, which suggested that future quantum capabilities could potentially break the public-key encryption used in Bitcoin and Ethereum wallets. 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 📌 Chart analysis: 🔗 Short-term timeframes: M15, M45, H1 Break through resistance at 2112: M15 Maintaining the uptrend line and above the EMA lines, buying pressure. 🔗 Medium-term timeframes: H2, H4 H4: Breaks the downtrend line and resistance at 2073. Key zones: 🔗 Supply zone (resistance): 2200, 2367 🔗 Demand zone (support): 2070 🔗 Three EMA moving averages; technical indicators: stochastic, volume Setup signal: 🔗 BUY ETH 2070 – 2060 stop loss: 2040 Take profit: 2100 - 2167 - 2230 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 ✏️ Personal opinion: The bullish short-term structure, along with President Trump's statements that could immediately end the war, helped cryptocurrencies recover.