#ETHBreaks4000 $ETH Breaks4000 — Ethereum Surpasses $4,000: What’s Next?
Latest Buzz:
Ethereum surpassed $4,000 this weekend, marking its highest level since December 2021, driven by sharp short liquidations (~$207M) and surging momentum across the market.
Institutional demand is roaring — ETF inflows are near record highs, with corporate treasuries like SharpLink Gaming buying 77,210 ETH (~$295M) in recent weeks.
Market Sentiment & Technical Outlook:
ETH has broken through psychological resistance at $4,000, a level previously holding since early 2024.
A short squeeze is underway — many traders were short $ETH , and the relentless price surge has triggered forced buybacks.
Bull flag patterns and broken resistance are encouraging targets near $4,500–$4,700.
That said, analysts caution short-term RSI overbought levels and FOMO-driven moves may spark pullbacks or consolidations.
Trader Strategy Snapshot:
Aggressive entries: On a tight 4H or hourly close above $4,100, target $4,500–$4,700, stop just below $4,000.
Conservative approach: Let a retest hold above $4,000 before adding, keeping risk-reward 1:2 or better.
Watch whales & news flow:
Continued corporate accumulation + ETF tailwinds = strong structural support.
#CryptoShortSqueeze #CryptoMomentum #Write2Earn #Altseason