<ul><li>Ethereum forms a bullish cup-and-handle pattern on the daily chart, consolidating above the 200-day EMA at $2,457.</li><li>Rounding-bottom formation from February to May indicates potential rally if price breaks above $2,712 resistance.</li><li>RSI divergence signals weakening momentum, possible short-term pullbacks to $2,386 and $2,098 support levels.</li><li>Bullish breakout targets $3,255 with further upside potential to $4,108, supported by rising open interest and funding rates.</li></ul>

Ethereum Eyes Breakout After Cup-and-Handle Formation: Can It Hit $3,255?

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