📈 Ethereum Analysis: Is a Breakout Toward $4,000 Coming?

Ethereum (ETH) has recently surged by 4.6% to reach $2,634 before pulling back, recording a remarkable 61.92% gain over the past month. As the price approaches the key psychological resistance level at $4,000, analysts are closely watching to determine whether this will lead to a strong bullish breakout or a downward correction.

🔍 Possible Scenarios:

Bullish Breakout: Continued buying pressure could push ETH above the $4,000 level, opening the door to new highs.

Bearish Rejection: If the price faces resistance at $4,000, a pullback to support zones between $2,400 – $2,600 may occur

📊 Technical indicators are still signaling an uptrend, but caution is advised due to market volatility.

📢 Do you think ETH will break above $4,000 soon? Share your thoughts below 👇

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