ETH is Just 3.5% Away from Breaking Key Daily Cloud Resistance, Tom Lee Responds: "Would Be Good to See"
2026-08-17 14:54
Odaily News: BitMine Chairman Tom Lee has retweeted an Ethereum price analysis showing that ETH is approaching a significant technical breakout, currently just about 3.5% away from breaking above the Daily Cloud. According to the analysis, this indicator has not been effectively breached since October 9, 2025. If ETH successfully closes above the Daily Cloud, it could signal an improvement in the long-term trend structure and release further upside signals. Tom Lee commented: "Would be good to see."
