Ethereum (ETH) has shown signs of a potential upward reversal after testing key technical indicators over several days. Analysts observed ETH confirming a 4-hour break/retest (b/r) pattern and testing the exponential moving average (EMA) on daily and hourly charts. The price bounced off support levels near $4,100, which was previously a major resistance point now acting as support. Market watchers noted consolidation above support, suggesting a setup for a possible price increase. The ETH/BTC trading pair also indicated strength with technical signals pointing to a potential breakout. Overall, these developments suggest that ETH may have established a local bottom and could be preparing for new highs.