Ethereum is testing a key resistance zone around $4,000.
Two potential outcomes ahead:
1️⃣ Breakout → Next target at $5,000 – $5,500
2️⃣ Rejection → Pullback likely toward $3,200 – $3,400 before the next leg up
🔸 Note:
Open interest is pressing against the trendline, hinting at a possible short-term correction.