Ethereum remains volatile ahead of the weekend. After the strong July rally of more than 180%, ETH is currently trading in the range of $3,600 to $4,000. Analysts expect that the resistance zone at $4,100 to $4,400 is crucial: A breakthrough could lead the price to the all-time high of $4,900 or even beyond. At the same time, AI tools and market analysts warn of a correction if the mark of $3,100 is breached – then a test of $2,800 would be possible.

The week is technically still bullish: Chart indicators like the Golden Crossover, MACD, and RSI signal positive momentum, although increased selling pressure in the short term is raising volatility. Many traders are betting on options targeting a breakout above $5,000 by September. However, the recovery is limited by liquidation zones around $3,570, where quick directional changes are possible.

In summary, experts expect a pronounced sideways movement between $3,500 and $4,100 for the weekend. Should a bullish impulse occur through ETF inflows or positive macro news, spikes up to $4,500 are quite possible. The risk of a setback remains present due to market uncertainty and US politics.$ETH