$ETH Ethereum Alert — Is a Pullback on the Horizon? ⚡



Ethereum ($ETH) is facing heavy resistance in the $4,868–$3,977 zone — a key Potential Reversal Zone. Rising short liquidations and price action near the top of its ascending channel are adding pressure.



Technical signals are flashing caution:




  • Elliott Wave analysis and momentum divergence suggest Wave 5 could be nearing completion.


  • The ETH/BTC pair also hints at a possible correction for Ethereum and ETH-based tokens.




Key Levels to Watch:




  • Targets: CME Gap at $4,185–$4,080


  • Support: $4,145–$4,094


  • Stop Loss: $4,780




📌 Pro Tip: If Bitcoin makes a sharp move, expect ETH to follow. Stay alert and adjust positions accordingly.