ETH: Michaël van de Poppe Eyes $2300 Breakout

ETH consolidates near $1914.28 with higher lows and tight range, setting up a volatile upside breakout according to Michaël van de Poppe.

The trader highlighted low volatility and strong consolidation, projecting the first target zone at $2300 once momentum ignites, fueled by incoming CPI data.

Price action shows a bullish trend structure with EMA50 at $1896.17 and EMA200 at $1848.18 acting as layered support, while the MACD golden cross at -3.99 confirms trend strength; RSI at 56.84 remains neutral, and price trades inside Bollinger Bands with upper resistance at $1940.21, suggesting a measured push toward that band before any deeper retracement to the 50-EMA.