#ETHRally USDT Market Insight – Bulls Driving Toward New Highs
$ETH is showing strong bullish momentum after rebounding from the 24h low of $4,256.92, now trading at $4,619.27 (+6.90%). The price recently tested the $4,683.00 zone but faced resistance, suggesting profit-taking within an overall uptrend.
The steady recovery from the dip, coupled with back-to-back green candles, signals strong buying interest. Volume remains high at 4.40B USDT, reinforcing the bullish outlook and supporting the potential for an upside continuation.
If momentum holds, ETH could soon retest $4,683.00, and a confirmed breakout above it may pave the way toward $4,720 and potentially $4,800 in the short term.
Key Levels to Watch:
Immediate Resistance: $4,683.00
Breakout Target 1: $4,720.00
Breakout Target 2: $4,800.00
Support Zone: $4,585.00 – $4,560.00
Conclusion:
ETH’s overall market structure remains bullish. A sustained move above $4,683.00 could trigger a fresh rally, drawing in more buyers and pushing the asset closer to the $4,800 mark.