Ethereum is trading around $3,820, showing strong momentum: a powerful bullish signal — the Golden Cross — has recently formed, and institutional ETF investments have reached $727 million per day and $2 billion since the beginning of July.
📊 Technical points:
Support: $3,576–3,600
Resistance: $3,900–3,960 → a breakout leads to $4,100+
Breakout target: $4,800–4,870 — even higher is possible with further volume growth.
Risks: RSI is close to the overbought zone (~87), short consolidation is possible before the next move
🔮 Short-term forecast:
If support holds — growth to $3,900–3,960
Breakout — movement to $4,100
If there is a pullback, test the $3,400–3,500 zone
🗣️ Do you think ETH will break through $4,000 in the coming days, or are you waiting for a correction before entering?