According to Trader Tardigrade, Ethereum (ETH) is currently breaking out from a recently established bull pennant pattern after a confirmed trendline breakout, signaling a strong continuation of the uptrend. The technical price target for this bull pennant is set at $2250, which traders are watching closely for potential profit opportunities. This bullish momentum could attract increased trading volume and speculative interest, potentially impacting related altcoins and the broader crypto market. Source: Twitter (@TATrader_Alan, May 7, 2025).