Market Update – Ethereum Near ATH
Ethereum is approaching its all-time high, which may bring heightened volatility.
* A rejection from the **$4,900** level could see a pullback toward **$4,500**.
* A confirmed breakout above **$4,900** may trigger a short squeeze, potentially pushing price toward **$5,300**.
Over the past few days, many altcoins have rallied 20%+, but market makers may induce liquidations to shake out traders before a potential full-scale altseason.
Caution: Avoid excessive leverage in these conditions.
