<ul data-eligibleForWebStory="true"><li>Ethereum's price breaks above $2,800 resistance level following a fakeout and bullish reversal.</li><li>A visible RSI downtrend was breached, indicating renewed strength in momentum.</li><li>The breakout from an ascending triangle pattern sets the stage for a potential vertical rally targeting $3,600–$3,800.</li><li>Short-dated options for Ethereum saw a sharp increase in implied volatility, signaling increasing demand for near-term exposure.</li><li>Market participants show growing conviction that Ethereum's price action will likely remain volatile, potentially to the upside.</li><li>Technical breakout, RSI reset, and options volatility shift suggest a continuation of Ethereum's bullish trend.</li><li>If sustained, these factors could lay the foundation for Ethereum's next leg up towards the $3,500–$3,800 range.</li></ul>

Ethereum Breaks Out: RSI Reset and Options Surge Signal Vertical Phase

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