Price Analysis:
$ETH $BTC $BNB
Ethereum ($ETH) is hitting a strong wall of resistance in the $4,300–$4,340 supply zone, with sellers aggressively defending this area. This pressure is slowing the recent bullish momentum and raising the risk of a short-term pullback.
Key Levels
Resistance / Supply Zone: $4,300 – $4,340
First Support: $4,177
Demand Zone: $4,072 – $4,005
Market Outlook:
The inability to clear the $4,300–$4,340 zone suggests sellers are in control at these highs. A rejection here could drag ETH toward $4,177. Breaking below that support could accelerate the decline into the $4,072–$4,005 demand zone, where buyers may attempt to regain control.
Bearish Setup:
Entry: Rejection at $4,300 – $4,340
Targets: $4,177 → $4,072
Stop Loss: Above $4,345
Bullish Setup:
If ETH breaks and sustains above $4,345, bullish momentum could return, paving the way for a move above $4,400. This breakout would likely reignite buying interest and shift market sentiment.
Sentiment Bias:
Short-term bias remains bearish unless ETH decisively closes above $4,345, which would indicate a potential trend reversal.
💹 Current Price: $4,322.65 (+1.71%)