ETHEREUM BULLISH TRIGGER: $1,800 Ethereum is currently testing the 0.8 MVRV Pricing Band at $1,796 as resistance. A daily close above this level, followed by a successful hold as support, would strengthen the bullish case and could open the door for a move toward Ethereum’s Realized Price at $2,245. What makes this level particularly important is the technical confluence visible on the hourly chart. The TD Sequential resistance trendline sits around $1,796, directly aligning with the 0.8 MVRV Pricing Band. Above it, the TD Sequential risk line sits at $1,816. A break above both $1,796 and $1,816 could trigger a bullish breakout. From a technical perspective, such a move would also increase the probability that ETH breaks through the top of the channel at $1,844 and begins marching toward the $2,245 Realized Price. Bullish Scenario: • 0.8 MVRV Pricing Band: $1,796 • TD Risk Line: $1,816 • Channel Resistance: $1,844 • Major Target / Realized Price: $2,245(Ali Charts)