Ethereum Sparks Bullish Momentum as Breakout and Golden Cross Align, Is $3500 Next?

• ETH nears golden cross, signaling a possible trend reversal
• ETH breaks trendline and holds support after triangle breakout
• Institutional flows and macro trends strengthen ETH’s outlook

Ethereum indicates a bullish trend as major technical patterns converge on different timeframes. The current framework is bullish, and it is expected to push the price to reach the $3,500 mark.

Ethereum’s 50-day EMA is about to form a golden cross with its 200-day EMA. This crossover usually indicates the change to a bullish trend. The price remains below this critical point, which strengthens the focus of traders on short-term trends.