$ETH 🔥 Update: Consolidating at a Critical Juncture
The ETH/USDT pair is currently trading around **$3,995**, showing resilience as it holds near the crucial $4,000 level . In the last 24 hours, ETH has faced a pullback of about -3%, with the price fluctuating between $3,946 and $4,171 .
The broader picture reveals a tug-of-war. While the 7-day performance is slightly positive at +1.3%, the pair still trades -19.4% below its all-time high of $4,946 from August 2025 . On-chain data from Santiment indicates "whales and sharks" (wallets holding 100-10,000 ETH) have started accumulating again, a potential sign of growing confidence . However, the immediate technical landscape is challenging, with major resistance firmly in place at the **$4,000 - $4,100 zone** .
💬 Your Take:
With key resistance overhead but signs of accumulation beneath, what's your move? Are you buying the dip for a push toward $4,200, or waiting for a stronger breakout confirmation?
Share your charts and analysis below! 👇