BTC $64,276.07 +1.93%
ETH $1,904.22 +1.01%
BNB $604.77 -0.01%
XRP $0.9998 -0.07%
SOL $75.68 +0.67%
TRX $0.3310 -0.14%
DOGE $0.0701 +0.30%
ADA $0.1731 -3.03%
BCH $204.05 +0.19%
LINK $9.47 +0.07%
HYPE $58.58 +1.64%
AAVE $87.74 +1.27%
SUI $0.6751 -0.23%
XLM $0.1573 -0.21%
ZEC $514.45 +4.87%
BTC $64,276.07 +1.93%
ETH $1,904.22 +1.01%
BNB $604.77 -0.01%
XRP $0.9998 -0.07%
SOL $75.68 +0.67%
TRX $0.3310 -0.14%
DOGE $0.0701 +0.30%
ADA $0.1731 -3.03%
BCH $204.05 +0.19%
LINK $9.47 +0.07%
HYPE $58.58 +1.64%
AAVE $87.74 +1.27%
SUI $0.6751 -0.23%
XLM $0.1573 -0.21%
ZEC $514.45 +4.87%

ETH is only 3.5% away from breaking through the key daily cloud layer, Tom Lee responds, "It would be great to see this."

2026-08-17 22:54:50

Chairman of BitMine Tom Lee forwarded an Ethereum price analysis, showing that Ethereum is approaching an important technical breakthrough, currently only about 3.5% away from breaking through the Daily Cloud.

According to the analysis, this indicator has not been effectively broken since October 9, 2025. If ETH successfully stands above the Daily Cloud, it could indicate an improvement in the long-term trend structure and release further upward signals.

Tom Lee commented, "Would be good to see." The Daily Cloud typically refers to the Ichimoku Cloud in technical analysis, where "Daily" indicates a calculation based on daily candlestick periods.

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