Ethereum Ready for Upside Breakout

Ethereum on the 1H timeframe is showing clear signs of bullish strength returning after a healthy pullback. Price respected the major support zone and formed a clean swing low, indicating strong demand from buyers at discounted levels. This reaction from support confirms that sellers are losing momentum and buyers are stepping back in with confidence.

The market then pushed higher and created a swing high, highlighting a shift in short-term market structure. The area marked as last low now acts as a crucial invalidation zone—as long as price holds above this level, the bullish bias remains intact. This zone is also acting as a demand base where accumulation is likely taking place.

Currently, ETH is consolidating below the resistance zone, which suggests energy is being built for the next impulsive move. This type of sideways price action after a strong reaction from support often precedes a bullish continuation breakout. A confirmed breakout and close above the resistance zone can open the path toward higher targets around the upper range, with momentum-driven buying expected to follow.

Overall, the structure favors buy-the-dip opportunities, with smart money likely positioning ahead of a potential upside expansion. As long as Ethereum stays above support and maintains higher lows, the market outlook remains bullish, and buyers are in control of the next move.