10x Research: ETH Showing More Resilience Than Expected, Approaching Key Technical Pattern Apex

June 5th. 10x Research issued an article stating that a year ago, when the market was highly enthusiastic about the launch of an Ethereum ETF, we adopted a relatively pessimistic contrarian stance. At that time, Wall Street had not discovered a compelling marketing narrative to attract institutional investors to such a product, and the on-chain activity on the Ethereum network was basically at a standstill. As a result, ETH dropped from $4000 to $1500. Today, with the market warming up against the backdrop of "Trump tariff relief concerns," the Ethereum price has also rebounded. Although we predicted a pullback a few days ago, the actual trend has turned out to be much more resilient than expected. From a technical perspective, Ethereum is approaching the apex of a large symmetrical triangle consolidation structure, and there is a potential breakout direction that could drive the price to $2000 or $3000. This trend will be extremely crucial and may be triggered by a fundamental change or the entry of a large buyer.