ETH: Accumulation Zone Signals Upward Break

ETH remains in a beautiful accumulation area according to @CryptoMichNL, with expectations for an upward break in the coming period as regulation for digital assets emerges through alternative channels beyond the Clarity Act.

From a technical confluence perspective on the 4h chart, ETH at $2456.25 sits in a bearish trend structure with EMA50 at $2463.69 acting as immediate resistance while EMA200 at $2333.73 provides long-term support; the MACD golden cross at -8.67 signals building bullish momentum despite neutral RSI at 50.62, suggesting price may test upper Bollinger resistance at $2507.92 before any healthy retracement to the 50-EMA.