Ethereum is back in action 💪 — and the market sentiment has turned fully bullish once again!
After holding strong above $4,000, ETH has shown a powerful rebound, proving that buyers are regaining full control.
For traders, this moment could signal the true reversal — the beginning of Ethereum’s next big breakout wave ⚡
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💥 ETH Price Action: Bulls Back in Command
Ethereum started its rebound after bouncing from the $3,880 low, breaking through key resistance levels at $4,000, $4,050, and finally testing $4,220.
Now trading well above $4,120, ETH is sitting comfortably above the 100-hour Simple Moving Average, confirming a short-term bullish trend.
A clear positive trend line is visible on the chart, with strong support around $4,050 — meaning the bulls are firmly in control 💚
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📈 Technical Outlook: The Road to $4,500
At this point, Ethereum’s next key resistance lies between $4,220 and $4,250.
If the price can break cleanly above this zone, ETH could aim for $4,320, and potentially $4,450–$4,550 next 🎯
This move would mark a strong continuation of Ethereum’s mid-term uptrend and could even set the stage for a new all-time high in the coming sessions.
Traders are watching closely — as long as Bitcoin maintains its momentum, ETH could soon explode beyond $4,500 🚀
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⚠️ Possible Pullback: The Healthy Correction
If Ethereum fails to break $4,220, a small pullback may occur.
Key downside supports are found near $4,150, $4,120, and $4,050.
A decisive break below $4,050 could push ETH back toward $4,000–$3,880, but such a move would likely be a healthy retracement, not a bearish reversal 🔄
Currently, there’s no real sign of weakness — momentum remains strong, and buyers are still dominating the structure.
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🧠 Final Thoughts: Calm Before the Next Big Wave 🌊
Ethereum’s chart structure is textbook bullish right now.
Institutional demand is firm, long traders are regaining confidence, and technical indicators are aligning perfectly.
As long as ETH holds above $4,000, the bull rally is alive and well 🔥
The next targets? $4,450 → $4,550 → $4,800+
Get ready — the next Ethereum surge might just be around the corner! ⚡
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