ETH is moving within an ascending channel, with active support between $3,750–$3,770, and resistance at the top of the channel, near $3,850. If it breaks above this level with volume, the next target is between $3,950–$4,050. 
• Reports from technical traders with weak volume (up to 84% below the average), RSI around 71.7 (overbought), and failure to break $3,886, suggest a risk of exhaustion. Breaking above $3,886 with significant volume (>400K ETH) would be the trigger for a move up to $3,941–$4,000. 
• Michaël van de Poppe warns of the psychological resistance at $4,000, where a rejection could trigger a broader technical correction — potentially down to $3,200 if there is a clear failure at this level. 
• According to FXStreet, the daily support at $3,730 remains crucial: if maintained, there is a chance to test the $4,000 level again; but a break below this point could lead ETH down to $3,500 in the next wave of correction. .$ETH #ETH🔥🔥🔥🔥🔥🔥
