๐ Ethereum Eyes $4K โ Bulls in Control
ETH just surged over 5%, bouncing hard from $3,650 support and smashing through $3,750 & $3,800. It even tested $3,920, with the 100-hour SMA now holding steady above $3,800.
๐ Key Levels:
โข Support: $3,820 โ $3,800 โ $3,735
โข Resistance: $3,920 โ $3,950 โ $4,000
โข MACD: Bullish โ
โข RSI: Above 50 โ
Bull Scenario:
A clear break above $3,920 could ignite a run to $4,000, and from there, the path opens to $4,220, $4,350, and possibly $4,500.
Bear Scenario:
Failing to hold $3,820 could pull ETH back to $3,735, with deeper support at $3,680 and $3,650.
๐ก ETH is currently outpacing BTC in momentum โ dips look limited unless key supports crack.
