BINANCE:ETHUSD.P   ETH Perpetual Futures Contract
#ETH/USDT pair has recently formed a double bottom pattern, finding significant support within a crucial trend box area. This pattern suggests a potential reversal of the previous downtrend and signifies a bullish sentiment in the market. With the double bottom formation in place, Ethereum is likely to experience upward momentum, aiming to retest the $3000 resistance level. Traders and investors are closely monitoring this development, anticipating a continuation of the bullish trend as Ethereum moves towards challenging key resistance levels. This pattern highlights a shift in market sentiment, with buyers gaining confidence and driving the price higher in anticipation of further gains.

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