ETH Weekly Key Battle: 3750 Holds or Breaks, 4000 Threshold is Within Reach
ETH had a strong bullish breakout this week, significantly surpassing the consolidation platform, with the weekly K-line standing above 3600, showcasing strong bullish momentum. It is currently approaching the short-term resistance level of 3750, which is a critical barrier before challenging the significant 4000 mark. If the breakout is successful, it will open the door to test previous highs.
However, it is important to be cautious, as 4000 acts as a historical strong pressure zone and is likely to trigger a deep pullback. The support below is seen around 3000; if it can hold steady, the bullish structure is still likely to continue, pushing towards new highs.
The current market situation has entered a critical inflection point for bulls and bears; it is crucial not to chase highs in trading. Focus on the outcome of the 3750 breakout and the 3000 support, as direction will soon become clear. E-Warrior is about to have its moment to shine! 🚀🔥
