$ETH is trading close to its all-time high, so sharp price swings are likely.
If it gets rejected near $4,900, we could see a drop back toward $4,500.
But a clean break above $4,900 might ignite a short squeeze, pushing it toward $5,300.
Meanwhile, many altcoins have already jumped 20%+ in recent days.
Market makers could still stage a shakeout triggering liquidations before the real altseason kicks in.