ETH is currently near a strong resistance zone on the weekly chart (approximately $4,050 – $4,100).

In my opinion, this situation should be viewed in two scenarios:

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1️⃣ Possibility of Rejection

This level has been attempted to be broken by the market at the last two major tops but has failed.

If bears become active from here, a short-term correction to $3,600 – $3,400 may occur.

Traders who are already in position should take partial profits here and move their safety stop loss entry slightly lower to become risk-free.

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2️⃣ Possibility of Breakout

If the weekly candle closes above $4,100, it will be a breakout to a new ATH.

In this case, a target of $4,500 – $5,000 in a sharp run-up is possible in the short term.

It is better to enter a new position once the breakout is confirmed to reduce the risk of a fake-out.

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✅ My Advice

Do not risk the entire capital at this time; a partial hold + partial profit is a better strategy.

Wait for the weekly close to see which direction the market decides.

Also keep an eye on news and on-chain data (e.g., whale inflows), as fundamental movement will play an important role at this level.