$ETH holding its multi-year macro trendline!
Looking at the monthly timeframe, Ethereum continues to respect the major macro support line extending all the way back from 2020 through the 2022 bottom and 2025 swing lows. Every time ETH retests this long-term ascending trendline, massive buying liquidity steps in to fuel the next leg up.
Key Target: Rebound off the macro trendline targets a push back toward $3,500 and eventually retesting ATHs near $4,800.
Bullish Case: Generational support line remains intact; high-timeframe structural uptrend is far from broken.
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