Ethereum surged over 7% in intraday trading, breaking above $3600 to a new high. Bulls are dominant, with strong upward momentum, approaching the key resistance at $4000. A breakout could accelerate the upward movement, with sentiment support!

Daily MACD is bullish, weekly Stochastic RSI (79) still has room to rise, with short liquidations exceeding $22 million. Short squeezes above could provide additional upward momentum!

Ethereum: 3570, buy at 3550, target 3700! $ETH