Ethereum coiling at the apex… ready to break?Ethereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisTriangle compression Price tightening into a clear triangle, with lower highs and higher lows → volatility getting squeezed Decision point soon Approaching the apex → breakout likely soon as range runs out Resistance overhead ~$2,423 swing high remains the key barrier → break needed to resume trend Support holding below ~$2,285 acting as nearby support, with deeper level around ~$2,252 Trend still supportive Price holding above the 100 EMA → medium-term structure still bullish, giving a slight edge Momentum fading RSI forming lower highs → weakening momentum despite price holding up No clear confirmation yet Both sides still intact → better to wait for the break than assume direction In Summary Ethereum is coiling into the apex of a triangle, with price compression suggesting a breakout is close. While resistance at $2,423 and support at $2,285 remain intact, the medium-term trend still leans bullish, offering a slight edge to the upside. However, weakening RSI momentum highlights some loss of strength. With neither side broken, this remains a balanced setup, where waiting for confirmation is key rather than assuming continuation prematurely.