#ETHReclaims3800 š ETH Reclaims $3,800 ā Spike Mode Activated!
Ethereum has just crossed the critical resistance of $3,800, triggering over $100M in short liquidations and confirming a golden cross patternāa bullish momentum that aligns with textbook standards. With ETF inflows approaching $10M AUM and institutional demand rising, the growth story driven by ETH infrastructure is sparking potential new rallies.
š¤Forecast:
š If it successfully breaks and holds above $3,825ā$3,860, it could pave the way for an attack on the $4,000ā$4,200 zone.
š But traders should be cautious: failure to hold at $3,800 could invite a pullback towards $3,600 or deeper into $3,490.
š§ Trading Insights:
⨠A dip to $3,700ā$3,750 becomes an entry zone in an uptrend.
⨠Set stops below $3,650 for short-term trades; use deeper support lines for swing plays.
⨠Monitor volume, RSI, whale movements, and painful liquidation heat maps for real-time clues.
$ETH may be testing its limitsābut the charts, flows, and fundamentals all point towards a breakout. Keep an eye on this space.
ETH
3,860.22
+2.98%
āKey Levels
$3,800 reclaimed ā now resistance turned support.
āTarget
$4,000ā$4,200 on a strong breakout.
āRisk Zone
Below $3,650 to $3,600; deeper pullbacks towards $3,490ā$3,400 may occur.
āBull Case
Confirmed golden cross; strong ETF inflows; healthy DeFi & staking growth.
āBear Case
Risk of pullback if volume fades; RSI divergence or regulatory changes.
šDo your own research.