Ethereum Double Top Pattern Puts $1,055 Neckline and $1,000 Crash Risk in Focus
Ethereum's monthly chart is showing a possible double top, with the key neckline near $1,055 lining up with the 100-month moving average and raising the risk of a deeper correction if broken. In the shorter term, price action between roughly $1,800 and $2,050 will likely guide momentum, while the Ethereum Foundation's plan to stake 70,000 ETH worth about $128 million adds a long-term network commitment angle.