Trend & Key Levels $ETH According to recent technical reports, ETH is under pressure and trading in a somewhat range-bound / consolidation mode.
On the downside, support is noted around $3,600 (per ZebPay).
On the upside, a resistance zone is around $3,900–$4,000.
Some analysts are also watching a breakout above ~$4,100 – $4,200 for stronger bullish confirmation.
Indicators / Momentum
Momentum indicators (MACD, etc.) are mixed: some bullish signal in medium term, but short-term momentum is weak.
According to PumpParade, recent price action shows strong selling and possible capitulation, which suggests risk of further downside or at least choppy moves.
On-chain and fundamental factors: There is still some institutional and on-chain support for ETH, which could lend strength.
Analyst Forecast / Scenarios
Bullish scenario: If ETH holds the ~$3,600 support and breaks above ~$3,950–4,000, there’s potential for a rebound toward $4,300–4,400 (per Blockchain.News).
Bearish scenario: If the support breaks, ETH could retest lower zones. Some forecasts mention a drop toward $3,400 if that support does not hold.
Some medium-term outlook (4-6 weeks) projects continued bullish momentum if key breakouts happen.
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✅ My Trade Recommendation (4-Hour, Based on Current Technicals)
Entry (Buy): Consider a long (buy) if ETH confirms a bounce off $3,600–$3,650 with volume, or if it breaks convincingly above ~$3,950–4,000.
Stop-loss: Use a stop-loss below $3,550–3,600 if going long, depending on your risk tolerance.
Take profit / Target: Potential target zones could be $4,300–4,400 in a bullish case (if breakout happens).
Ethereum is finally showing strength, significantly outperforming Bitcoin in recent days. The catalyst? Renewed speculation that the U.S. Securities and Exchange Commission (SEC) might be warming up to Spot Ethereum ETFs.
Key Driver: The "ETF Discount." Analysts are noting that ETH was trading at a discount compared to its historical performance against BTC. The potential for an ETF is causing a "catch-up" trade, as the market prices in the possibility of a similar wave of institutional demand that BTC saw. Bullish Scenario: A break above $70,000 for BTC could trigger a new leg up, potentially dragging the rest of the market with it. Approval of an Ethereum ETF would be a massive bullish catalyst for the entire altcoin space. · Cautious Scenario: If Bitcoin fails to hold the $60,000 support, we could see a deeper pullback toward $56,000. Negative ETF flow data or hawkish macroeconomic news could be the trigger.
After the recent pullback from all-time highs, market sentiment has cooled from "Extreme Greed" to a more neutral "Fear" or "Neutral" state. This can be a healthy reset that allows for a stronger foundation for the next leg up. #CryptoMarket4T #PowellWatch $BTC #TrumpBitcoinEmpire #CPIWatch $BTC