$ETH Dip Alert or Bounce Incoming?
Ethereum slid from $4,788 down to around $4,525 after a sharp move. The overall uptrend is still strong, but the $4,000 level is critical for bulls.
Key Points:
Support Zone: $4,000 could attract strong buying interest.
Potential Upside: A rebound here might push ETH toward $4,600–$4,700 quickly.
Trend Check: Staying above $4,000 keeps the bullish trend alive; falling below may lead to a deeper drop around $3,880–$3,650.
Strategy: Watch for buying opportunities near $4,000. Be ready to exit if support fails.