$ETH #ethsbreak4000 #Ethbreaks4200

Ethereum’s technical indicators suggest a strong bullish narrative, though short-term caution may be warranted.

On the daily chart, Ethereum’s RSI has climbed to 72, signaling overbought conditions and intense buying pressure. While this aligns with robust bullish momentum, it also raises the possibility of a temporary consolidation or pullback as traders reassess levels.

The MACD indicator reinforces this bullish outlook, with a confirmed crossover above the 186 and 196 thresholds, a bullish signal that could accelerate upward momentum. This technical alignment coincides with Ethereum recently breaking through key resistance zones, though sustaining gains above critical support levels remains critical for buyers to maintain control.

Key Focus: Sustainability and All-Time High Potential

Traders will closely monitor whether ETH can consolidate above these support ranges, as this will determine whether the rally gains traction toward reclaiming all-time highs. While technicals favor buyers, short-term volatility or profit-taking could test resolve. A decisive hold above support would validate the bullish case, setting the stage for further upside.