Crypto analyst Ali Charts stated on September 6 that Ethereum has been consolidating between $2,370 and $2,530 since August 26, building momentum for the next move. He noted that the hourly close needs to break out of this range to confirm the direction, but the current structure is leaning bullish. A decisive break above $2,530 could trigger a rally toward $2,700.
Crypto analyst Ali Charts said on September 6 that Ethereum has been stuck in a consolidation band between $2,370 and $2,530 since August 26, building pressure for the next move. He said the hourly candle close needs to land outside that range to confirm which way the breakout goes, but right now the market structure leans bullish. If ETH can push above $2,530 with real conviction, it could spark a run toward $2,700.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
