🚨$ETH is trading within a broad ascending channel, currently testing the key resistance zone at $4,880–$5,000, which aligns with the channel top. A confirmed breakout above this level could trigger a strong bullish continuation toward $5,500–$6,000 in the coming weeks. However, if rejection occurs, price may retrace back toward the $3,500–$3,000 support area for consolidation. Overall, the long-term structure remains bullish as long as ETH holds above major supports.

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