Ethereum
Panjang

Break out end of June\beginning of July

Looks like the downward channel has been broken and we are now in an ascending triangle on the daily chart. With the event of EIP 1559 coming out around the first week of July, I am also expecting that will correspond with the pattern we are seeing. 1st target being 4100 area and 2nd target being around 5100-5300, based on a measured move of about 1250. Breakout being 2800.
Trend Analysis

Penafian