$ETH
The rally rose above the $3,941 resistance on Friday but is expected to face fierce selling as it approaches the $4,094 level. If the price turns down sharply and breaks below the 20-day SMA, it suggests a possible range formation in the short term. The ETH/USDT pair could consolidate between $4,000 and $3,400 for a while.
Contrary to this assumption, a break and close above $4,094 indicates the resumption of the uptrend. That clears the path for a rally toward $4,868.
