🚀 Ethereum on the brink of a major move!

- Ethereum is approaching a critical resistance at $3.5K, after finding support at the 200-day moving average near $3K.

- A breakout could trigger a significant rally, but consolidation remains possible.

- On the 4-hour chart, an ascending wedge pattern is observed, suggesting a possible distribution.

- Liquidity is concentrated at the $3K and $3.5K levels, with large players defending these points.

What do you think? Will we see a breakout soon? 💬