#Ethereum Price Update: Bulls Target $4,000

Ethereum bounced back from support at $3,500 last week, gaining nearly 8% and closing above $3,730 on Sunday. On Monday, it hit a new yearly high of $3,940 before dipping slightly and retesting support at $3,730. As of Tuesday, $ETH is trading above $3,800.

If momentum continues, $ETH could push past the key $4,000 level.

The RSI is at 77, showing strong bullish sentiment, but the MACD suggests traders are uncertain, with momentum possibly fading.

If $ETH pulls back, support is likely around $3,730.

#ETHReclaims3800 #CryptoClarityAct #US-EUTradeAgreement #DELABSBinanceTGE