$ETH pulled back 2.17% to $4,585 after hitting $4,788, its highest level in months.

The uptrend is still intact with price well above the 7-day MA ($4,381) and 25-day MA ($3,890), but today’s rejection shows sellers defending near the $4,800 zone.

Holding above $4,500 could set up another push toward $4,800+, while slipping below $4,360 may trigger deeper consolidation.

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