Ethereum (ETH) is showing signs of renewed strength after bouncing from its Weekly Bull Market Support Band, a historically significant zone that has often marked the start of major uptrends. The rebound suggests a potential shift in momentum, though the real test lies ahead as ETH approaches a critical resistance area.

Crypto analyst Luca noted that ETH has found solid footing at this familiar support level, which aligns with high-timeframe support ranges he highlighted in earlier updates. The bounce indicates that buyers remain active, defending key levels and setting the stage for potential upward momentum.

However, ETH now faces the golden pocket resistance, defined by the 0.5–0.618 Fibonacci retracement levels, where selling pressure has previously emerged. Failure to break above this zone could lead to sideways movement or a minor pullback before a decisive trend shift occurs.

If ETH successfully breaches this resistance, it would signal a structural bullish shift, likely triggering a mid-term uptrend toward higher resistance zones. Maintaining momentum above the golden pocket would reinforce the bullish outlook, potentially leading to further gains without major corrections.

Until that breakout, consolidation around the current support band is expected. This phase could serve as a foundation for a stronger, more sustained rally once the market confirms direction. Patience remains crucial as Ethereum prepares for its next potential upward leg.