ETH: Breakout Looms After Extended Consolidation

ETH has chopped sideways for months, positioning the market for a decisive breakout according to trader Michaël van de Poppe.

Price sits at $2710.59 inside the Bollinger Bands with upper resistance at $2730.57 and lower support at $2677.86. The structure remains bullish as price holds above the EMA50 at $2696.47 and the EMA200 at $2596.71, yet the MACD at 4.49 has printed a death cross while RSI(14) lingers neutral at 52.53. This confluence suggests a brief pullback toward the 50-EMA support could clear weak hands before continuation higher, aligning with the broader ETH price prediction narrative that has dominated crypto market chatter since mid-2025.