I just saw that ETHFI shot up 10% and is forming a very interesting pattern on the chart. The bullish rally of the token is drawing attention as the overall market takes a bit of a breather—Bitcoin hitting $77.36K, Ethereum at $2.32K, all with modest but steady gains.

Looking specifically at ETHFI, the token is around $0.43 now and has been consolidating within an expanding wedge since November. This pattern usually precedes strong moves, especially when you see volatility increasing and the price forming higher lows. The 50-day moving average (~$0.504) and resistance at $0.57 are the critical points that need to be broken to confirm this bullish trend.

If the breakout occurs above these levels, the next target is around $1.354—this would be a gain of nearly 200%. But if rejection happens, there is still support at $0.403. For now, the bullish structure is maintained as long as the price continues forming higher lows. It’s worth watching the next moves because ETHFI is at a crucial point that could define the next trend.