The Ethereum network is on fire and this time the numbers don't lie, family! Forget about empty rises driven by pure excitement; what we are seeing now is a lethal combination of a technical structure that took months to build and a real invasion of users who are using the network like never before. 🚀
Look, to understand the size of what is coming, you need to look at the weekly chart with the eyes of a serious investor. A pattern has formed that in the world of analysis we call "Inverse Head and Shoulders". Basically, it is a figure that tells us that the downtrend is tired and that the market is ready to turn around. The heaviest part of this is that if Ethereum manages to break that "neckline" (the resistance that is holding it back) strongly, the technical target sends us straight to $7,600 dollars. Yes, you read that right: we are talking about a movement projected from the depths of the chart to the clouds.
But be careful, the most exciting thing is not just the drawing on the chart. The real magic is happening "under the hood" of the network. In just one week, we went from having 496,000 active addresses to almost 800,000. Activity almost doubled in seven days! 🤯 This means that there are real people sending transactions, using decentralized applications, and moving real capital, not just speculating on an exchange. When the price rises because more people are using the technology, that's when the movements become solid and hard to topple.
We are at that exact point where graph theory meets the reality of data. Ethereum is no longer playing to see if it survives; it is proving to be the heart of the digital economy and that the market is reactivating with a force we haven't seen in a while. The question here is clear: with the network doubling its usage and such a high technical target, are you going to wait until it surpasses $7,600 to realize that the cycle has changed?$ETH
