List of Flash News about ETH Gaussian Channel
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14:04 |
Ethereum Price Outlook: ETH Approaches 2W Gaussian Channel Reclaim, Past Data Signals Potential $4K Surge
According to Cas Abbé on Twitter, Ethereum (ETH) is attempting to reclaim the 2-week Gaussian Channel, a technical indicator. Historical data since 2020 shows that ETH has only reclaimed this channel twice, both instances resulting in significant price surges: from $300 to $4,000 in 2020 and from $2,400 to $4,100 in 2024 (source: Cas Abbé, Twitter, May 25, 2025). For traders, reclaiming this channel is a bullish signal and can indicate a strong upside momentum, potentially targeting $4,000 in the coming quarter. Monitoring this technical level is critical for crypto traders seeking high-probability setups in ETH, as such moves have historically led to sharp rallies and increased market volatility. |