Ethereum (ETH) is holding near $4,546 after a volatile trading session that saw highs of $4,783 and lows of $4,492. The next 12 hours could prove critical as bulls and bears battle for control.

Short-Term Outlook

Analysts are eyeing a potential range of $4,600–$4,750 for the coming hours. If ETH pushes above $4,800, momentum could accelerate toward $5,000–$5,500, while a drop below $4,600 could invite further selling pressure toward $4,400–$4,250.

Key Levels to Watch

  • Resistance: $4,750 and $4,869

  • Support: $4,540 and $4,386

Technical Signals

  • Momentum is still leaning bullish, with ETH trading above key moving averages.

  • MACD & RSI indicators suggest that buyers still have control, though overbought conditions could cause a short pause.

  • $ETH

The Bottom Line

The $4,750–$4,800 zone is the battleground. A breakout above this range could fuel a rally, while rejection may cause a quick pullback. Traders should stay alert—this could be a decisive move before the next leg up or down.

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