Top Analyst Flags Ethereum Breakout Setup, Targets $1,850

Ethereum is showing signs of a potential bullish technical setup that may support further upside.

According to crypto analyst Ali Martinez, ETH appears to be forming an ascending triangle pattern on the 4-hour chart, as shared in a post on X.

If confirmed by a breakout, Martinez says the price could extend toward the $1,850 level based on the projected technical target.