Ethereum triangle pattern targets $3,000 as 140,000 ETH leave exchanges

  • Ethereum traded at $2,550.49 as Ali Martinez tracked a triangle pattern targeting $3,000 if a breakout is confirmed.
  • About 140,000 ETH worth roughly $350 million left exchanges over the preceding 96 hours.
  • Ethereum gained 1.86% in 24 hours, while spot Ethereum ETFs recorded $216.41 million in net inflows on September 11.

Ethereum traded at $2,550.49, up 1.86% in 24 hours and 2.0% over seven days, as crypto analyst Ali Martinez identified a triangle pattern that could support a move toward $3,000 if confirmed. The target would require an increase of nearly 18% from current levels. About 140,000 ETH, valued at roughly $350 million, was withdrawn from exchanges during the 96 hours before September 14, reducing the supply immediately available for trading. Earlier analysis identified $2,550 as key weekly resistance, while spot Ethereum ETFs recorded $216.41 million in net inflows on September 11. Investors were also monitoring the Federal Reserve's September 15-16 meeting and developments involving the CLARITY Act.

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