Ethereum Market Update – Key Buy/Sell Levels 🟢🔴
$ETH continues to follow the bullish roadmap, with both tracked scenarios (yellow & white) still pointing higher. Yesterday’s dip into support $4,476 – $4,546 held perfectly, triggering the expected bounce.
📊 Current Status
Trend: Uptrend intact ✅
Support holding at $4,476 → Key pivot level
Immediate structure suggests either:
White scenario: Wave 4 already complete → direct move to new highs
Yellow scenario: Slightly deeper pullback before final Wave 5 push
📌 Bullish Scenario
Above $4,476 → Expect continuation toward new highs
Micro-resistance: $4,710 (100% Fib extension for internal C-wave)
Break above $4,710 = higher probability of direct move to next target zone $4,762+
⚠️ Bearish/Deeper Pullback Scenario
Break below $4,476 → Wave 4 still in progress → possible drop toward $4,120 before resuming uptrend
Lose $4,120 = warning sign for larger correction
📈 Dominance Watch
Ethereum dominance nearing 14.54% target — still rising, meaning altcoins unlikely to lead until ETH dominance cools
🎯 Bottom Line
Above $4,476 → Buy dips targeting $4,710 → $4,762+
Below $4,120 → Reduce exposure and wait for new setup