$ETH | BREAKING OUT WITH STRONG MOMENTUM
#Ethereum has been in a solid uptrend for the past three months, forming higher lows from ~$1,362 and steadily building bullish pressure. This week, $ETH broke decisively above the $4,100 resistance — a level that rejected price three times before.
With this breakout, price momentum favors a continued rally toward the 2021 all-time high near $4,900. A pullback to $4,100 or even $4,050 is only likely after testing that major resistance.
Fundamentals remain strong: ETH ETF inflows are consistently positive, institutional demand is growing, and whale accumulation is on the rise — keeping buying pressure firmly in control.
What looked like a potential short earlier has now turned into a clear continuation setup. Momentum is bullish, and the market is backing it.