ETHEREUM: WHEN TO BUY? Ethereum is approaching a historically support level that has defined its macro price action for years. Since 2021, the $1,100 level has served as the ultimate bottom boundary of Ethereum's long-term price channel. Historically, every single test of this level has triggered aggressive buyer absorption, creating some of the highest-conviction entry windows in the last 5 years. A successful retest and defense of the channel bottom at $1,100 provides a clear blueprint for scaling long-term spot positions. If it holds, the multi-month technical targets map out clear upside levels to scale out of positions: • The Initial Target: The channel's mid-range baseline sits at roughly $3,000, offering a logical first zone to lock in profits. • The Macro Target: The definitive ceiling at the top of the channel aligns near $5,000, matching previous major cycle highs.(Ali Charts)