On the H4 chart of ETHUSD, the market has been carving a higher‑low structure since the mid‑June pull‑back. The last swing low around 1720 acted as a firm support, while the 1740‑1750 zone held as resistance. A bullish engulfing candle at 1725‑1735 closed above the prior high, signaling renewed momentum. Volume spiked on the breakout candle, with the 1725‑1735 bar trading over 95k contracts, far above the 30‑40k baseline, confirming buyer aggression. Subsequent candles have held above the 1720 level with steady volume, indicating that the breakout is not a false alarm. With the 1720 support intact and the 1740‑1750…

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