$ETH
Ethereum has reached its final major Weekly resistance before new All Time Highs
Ethereum will need to turn ~$4631 (black) into new support to confirm upside into Price Discovery
The last time ETH was at these highs, price upside wicked beyond black for 3 weeks before rejecting
Therefore the sooner ETH reclaims black, the better because in the event of a failed reclaim, price could reject into its Weekly CME Gap at $4k, with scope for wicking into ~$3.75k
If that rejection occurs, it would be a weaker one compared to 2021, with the downside being much shallower to evidence a weakening resistance
Which will it be - reclaim for new All Time Highs soon or one last pullback before new All Time Highs later?
