ETH Approaching 3.5% Breakout of Daily Ichimoku Cloud, Tom Lee Comments

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Ethereum is nearing a breakout of the daily Ichimoku Cloud, requiring less than a 3.5% increase to surpass the level. Tom Lee of BitMine highlighted the potential for a stronger upward trend if the breakout succeeds. The daily market report underscores the importance of this technical level, as a confirmed breakout could fuel further upward momentum.

Odaily Planet Daily report: Tom Lee, Chairman of BitMine, shared an analysis of Ethereum’s price, showing that ETH is nearing a significant technical breakthrough, currently just about 3.5% away from breaking above the daily cloud layer. According to the analysis, this indicator has not been effectively breached since October 9, 2025; if ETH successfully closes above the daily cloud, it could signal an improvement in the long-term trend structure and trigger further upside momentum. Tom Lee commented, “It would be good to see.”

Odaily Note: "Daily Cloud" typically refers to the Ichimoku Cloud (Ichimoku Kumo) in technical analysis, where "daily" indicates calculation based on daily candlestick periods.

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