According to Trader Tardigrade, Ethereum's daily chart is currently forming a Bull Pennant pattern, signaling potential upward momentum with a price target of $4,000 (source: @TATrader_Alan, May 30, 2025). This technical formation is a classic bullish continuation signal, often indicating that strong buying interest could push ETH higher in the short to medium term. Traders are watching for a breakout above the pennant resistance, which could confirm the start of a new bullish phase in the ETH market. The anticipated move aligns with increased trading volumes and positive sentiment, suggesting that an ETH season could be imminent, potentially impacting altcoin flows and broader crypto market liquidity.

According to Trader Tardigrade on Twitter, Ethereum (ETH) has formed a bull flag pattern on the price chart, indicating a potential breakout target of $4,000 (source: @TATrader_Alan, May 25, 2025). This technical formation is typically seen as a bullish continuation signal, suggesting that ETH may experience upward price momentum if confirmed. Crypto traders are closely watching this pattern for trading opportunities, as a successful breakout could drive significant trading volume and market interest in Ethereum. The $4,000 target aligns with key resistance levels, making it a critical zone for both short-term and swing traders. (source: @TATrader_Alan, May 25, 2025)