Ethereum $ETH is currently moving in a small price range between $3,500 and $3,750. Right now, the market is waiting for a breakout — and whichever side wins, the price could move fast.
🔍 What’s Happening?
$ETH is stuck between $3,500 (support) and $3,750 (resistance).
If Ethereum breaks above this range, we could see a push toward $4,000 and even $4,100.
But if it drops below $3,500, the price might fall toward $3,300 or $3,100.
🟠 Chart Pattern to Watch
There’s a symmetrical triangle forming on the 4-hour chart near $3,620. This kind of pattern usually leads to a strong breakout — either up or down.
The 50 EMA (moving average) is near $3,512, acting as support.
A close above $3,720 could be a signal that bulls are taking control.
📉 Warning Signs
There’s strong selling pressure just above $4,000.
If that level doesn’t hold Ethereum could drop 25–35%.
Some analysts see bearish signals in the order books and market volatility.
🧠 Final Thoughts
Ethereum $ETH is in a tight zone right now. A big move is likely coming soon. If you’re trading, keep a close eye on $3,500 and $3,750 — whichever breaks first could decide the next trend.