Ethereum Surges to $4,618, Eyeing Break Above $4,700 Resistance

Ethereum’s bullish momentum continues, with $ETH /USDT climbing to $4,618 after a sharp rally from the $3,600 zone earlier this month. Daily candles show strong buying pressure, confirmed by rising volume (17.46K) and a clear breakout from previous consolidation. The next key resistance is $4,700; a close above could trigger a run toward $4,850–$5,000. Support rests near $4,400, where buyers may defend on pullbacks.

Momentum indicators suggest the rally is stretched, but the trend remains firmly bullish in the near term.

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