#ETHBreaks3700 What’s Next for Ethereum?
Ethereum just surged past the $3700 mark, gaining over 3.6% – but can the rally continue, or is a pullback near? Let’s break it down 👇
🔼 Bullish Outlook (60–70% Chance):
If ETH holds above $3700, we may see:
🔹 A re-test of the $3766 high
🔹 Breakout targets at $3780 and even $3800–3820
Momentum favors the bulls if support holds strong 💪
🔽 Bearish/Pullback Scenario (30–40% Chance):
However, RSI is flashing overbought signals 📉
🔸 Watch $3700 as first key support
🔸 A dip below may trigger a slide to $3660–$3630 before any rebound
📊 TL;DR:
Trend remains bullish, but ETH is slightly overheated short-term.
🔍 $3700 is the key battleground.
A break above $3766 could spark the next leg up.
💬 What’s your play – long, short, or waiting it out?