🤔💥 What’s Next for Ethereum? 🎢🔥
Ethereum just gave us a wild ride — from confidently sitting above $4,730 to a sudden plunge all the way down to $4,451 ⚠️. It was a cascade of liquidations, breaking key supports in seconds. But at the bottom, we saw a massive buyback 💪🔥 — a long lower wick and huge volumes, signaling that big players are scooping ETH at a discount.
Now we’re bouncing, but ETH is stuck under the $4,560–$4,628 resistance zone 🛑, with moving averages and Fibonacci levels blocking the way. This is the battlefield that will decide the next move:
📊 Scenarios on the table:
✅ Break & hold above $4,628 → quick push to $4,700–$4,736 🚀
❌ Rejection & drop below $4,500 → retest of $4,451 or even $4,420–$4,400 😬
So the big question is…
🔥 Will ETH smash through $4,628 and fly higher, or are we in for another drop? 📈📉