**🔥 Ethereum $ETH at Make-or-Break $4K Level: Bull Run or Correction Ahead?**

Ethereum surged 60% in a month, now testing a critical $4,000 resistance—a level that’s rejected ETH **3 times in 2024**. What’s next?

### **Key Scenarios**

✅ **Breakout**: Clearing $4K could trigger a rally toward **$12K** (bullish triangle target)

⚠️ **Rejection**: Failure may send ETH tumbling to **$1,700** (triangle support)

### **Why $4K Matters**

- **1,500-Day Symmetrical Triangle**: ETH has traded in this pattern since 2020

- **Institutional Demand**: Funds like Abraxas Capital hold **$655M in ETH**, signaling long-term confidence

### **Latest Momentum**

📈 **Price**: $2,630 (+7% weekly)

💡 **Catalyst**: ETH’s resilience despite market swings hints at accumulation

**🗣️ Your Call:** Will ETH shatter $4K

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