ETH/USDT Weekly Analysis 🚀

Ethereum is currently in a sideways consolidation phase after a strong 41% rally in May.

📉 Support: $2,300

📈 Resistance: $2,850

With the U.S. stocks near all-time highs and Bitcoin pushing towards new records, risk-on assets like ETH and altcoins could see strong momentum.

Key Bullish Indicators:

✅ Weekly RSI breakout

✅ MACD bullish crossover

✅ Price holding above 200-week MA

✅ Stochastic RSI showing upward momentum

✅ Continued inflows into ETH ETFs

✅ M2 money supply continues to expand

Given these technical and macro signals, I wouldn’t be surprised to see ETH hit $4,000 in the next 4–6 weeks.