Ethereum

Short-Term Forecast:

The confluence of bullish signals points to a positive outlook for Ethereum in the short term.

* Main Scenario (Most Likely): The most likely scenario is an attempt to break out and consolidate above the psychological resistance level of 4,200 USDT. If buyers can maintain the price above this threshold, the next technical target would be in the range of 4,250 to 4,300 USDT.

Recommended Strategy:

Given the strength of the trend, strategies should favor long positions (buys). Looking for entries on small pullbacks towards immediate support levels could provide favorable entry points. Conversely, initiating short positions (sells) in this market environment is extremely risky and not recommended until there are clear signs of a trend reversal, such as a breakdown below key support levels with high selling volume.