ETH Just Broke a Trendline That Held for a Year, What's Next?Ethereum / TetherUSBINANCE:ETHUSDTunichartzETH has been in a downtrend since the peak in September 2025 (around the $4.9k level) with a pattern repeating: large sharp sell-offs, followed by moving through increasing wedges that fall and continue the downtrend, this was completed thrice now, most recently into the bottom in June 2026 where ETH bottomed out at $1.55k. The current setup is ETH currently moving in a fourth rising wedge that has formed after breaking bottom off of that $1.55k level. Levels I’m watching: Resistance, 2.15k (wedge top) 2.35k to 2.55k (supply area). Support, 1.55k to 1.68k (demand zone) 1.235k (macro support) Bias – Long term remains bearish until ETH can sustainably move above $2.15k as this would constitute the first higher high since its peak in Sept 2025 and present a greater range higher opportunity. Otherwise failing to keep the wedge should see a new low with the long term $1.235k as its final support. Not financial advice Thanks for reading, feel free to share your thoughts in the comments below! ETHUSDT ETHUSDT