$ETH The weekly close broke through a new high since 2024, and also broke through the weekly expansion pattern since then, and the entire market is currently only left with the high supply zone in 2021. The current price is absorbing the residual supply in this area! This is the fourth attempt to break through the historical supply zone, and I think the probability of a new high is high. According to the idea mentioned in the live broadcast of @Sidekick_Labs last Friday, once it breaks through, the long-term target can be given within 5800~6800. If the breakthrough fails again, it will really be a complete defeat, because if even the historical supply from 4 years ago can be suppressed, then it means that the market demand is completely exhausted... In short, stay optimistic!
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