$ETH – At a Decision 🏆

The 1-hour chart for Ethereum shows price currently consolidating just below a key resistance level. After bouncing from the $3,910 support, ETH is now testing the $4,085–$4,098 zone — an area that has capped upward momentum recently.

The 24h range tells the story:

High: $4,085.30

Low: $3,908.73

We’re sitting near the middle of that range, waiting for the next catalyst.

Moving averages are tightly wound:

- MA(7): $4,034

- MA(25): $4,013

- MA(99): $3,908

The fact that price is above the MA(99) suggests the broader trend is still intact, but the short-term MAs are acting as resistance. Volume has been decent — 24h spot volume is around $1.92B — but we need to see an increase on a break for confirmation.

What’s Next?

If ETH breaks and holds above $4,100**, we could see a quick run toward $4,200. That would signal buyers are in control.

If it gets rejected here**, I’m watching the $3,925–$3,910 zone to hold as support. A break below that, especially with momentum, could see a drop toward $3,850.

The order book depth shows a wall of sellers near $4,085–$4,098 — that’s the level to watch. Until that clears, expect some back-and-forth.

#ETH #MarketRebound #CryptocurrencyWealth #CryptoPredictions