
Lark Davis|Oct 13, 2025 12:30
Zoom out on ETH and the structure is clear:
- ETH broke out of a multi-year symmetrical triangle that started back in 2021
- Rejected perfectly at the old macro swing high
It's now coiling inside a bullish pennant, and also testing the upper triangle line which was once resistance, now potential support.
If this consolidation resolves upward, the Fib 1.618 extension from prior ATH to bear market lows point to 7K+.(Lark Davis)
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