Ethereum (CRYPTO: ETH) and Bit Digital Inc. (NASDAQ:BTBT) are moving in lockstep, just as the Nasdaq-listed miner revealed a $675 million Ethereum treasury, raising questions about whether corporate balance sheets are now amplifying crypto cycles.
Ethereum Holds $4,480 Support With $4,800 In Focus
ETH Technical Outlook (Source: TradingView)
Ethereum continues to trade inside a tightening symmetrical triangle, holding firm above the rising trendline support that has guided price action since June.
The token is currently near $4,460, with resistance clearly defined around $4,700–$4,750, where the descending upper boundary has repeatedly capped rallies.
The broader structure remains bullish as all key moving averages are positively aligned — the 20-day EMA at $4,390, 50-day at $4,290, and 100-day at $3,964 all slope upward, confirming trend strength.
A decisive daily close above $4,750 would validate an upside breakout, opening targets toward …