Ethereum is gearing up for a potentially significant breakout as sentiment improves following a major restructuring and team layoffs. Analysts point to bullish chart patterns alongside undervalued on-chain metrics that could lead to a rally of up to 50% in June.

The recent changes within Ethereum’s development team suggest a focus on enhancing product delivery and innovation. As institutional interest grows, many investors are optimistic about Ethereum’s future trajectory. With multiple factors aligning positively, Ethereum could very well surprise the market in the coming weeks.

Watch closely as Ethereum attempts to break away from its current range—this could be the moment investors have been waiting for.