ETH shows strong momentum and increased institutional interest, so it may push upward; however, profit-taking in the short term may lead to a pullback before confirming new highs.
🚀🔥
Ethereum today rides the wave of glory at $4,617, after touching a low of $4,265 on its journey and rising to $4,674.
🔍 Technical outlook:
First support at $4,450, and the second at $4,265.
Critical resistance at $4,720, and breaking through it could open the way towards $4,950 and then $5,100.
🎯 Entry strategies:
Buy near support with a precise stop loss = calculated risk.
Or wait for a breakout with strong volume = ride the wave with confidence.
💡 The market is not a racetrack, but a chessboard, and the winner is the one who knows when to move their pieces, not the one who chases every move.
