#ETHRally Ethereum at Make-or-Break Levels 🚨
$ETH is currently moving in a tight, high-stakes range between $4,713 and $4,800 — a hotspot where many traders are stacking short positions.
📊 The Setup:
Price is pressing against major resistance.
A clean breakout could ignite a powerful rally.
A rejection here might send ETH sliding back toward $3,950… or lower.
💡 Why It Feels Like 2021:
Back then, ETH started near $730 in January, exploded past $4,800 by November, and set a fresh all-time high — fueled by DeFi, NFTs, and a booming crypto market. But the euphoria didn’t last, and a brutal 2022 correction followed.
🔍 Today’s Dilemma:
As ETH once again tests these historic highs, the market is split:
Bulls see a breakout and new price discovery