Analyst Says Ethereum Just Confirmed A ‘Turtle Soup’, Here’s What It Means

NewsBTC reports a TradingView analyst has identified a completed “turtle soup” pattern on Ethereum, signaling a key technical inflection. ETH recently tested and was rejected at ~$2,480 after a weekly pump that pushed it above $2,400, and is now trading inside an ascending channel near $2,346. The analyst says a 4‑hour close back above $2,385 would favor bullish continuation, while failure could see bears push ETH toward a gravitational target near $2,040. The piece frames the move as a higher‑timeframe liquidity sweep that leaves the market poised for a decisive bid/offer battle, implying short‑term volatility depending on which side wins.