$ETH 🚀 Ethereum Eyes $4.5K as Bulls Regroup!
The ETH/USDT pair is trading at $4,430.15, consolidating after a 30.81% yearly surge, with today’s range tightening between $4,372.54–$4,465.22. Despite a -4.24% weekly dip, Ethereum’s $531B market cap and $2.9B 24h volume on Binance signal strong institutional interest.
Key Drivers:
Technical Strength: Daily RSI at 50.97 (neutral), but MACD hints at bullish momentum with a Strong Buy signal on moving averages.
Critical Levels: Immediate resistance at $4,531 (1.618 Fib), with support at $4,372. A breakout could target $4,787 (yearly high).
ETF Hype: ETH/BTC breakout and ETF volume spikes fuel optimism for a $5K+ run.
Pro Tip: Watch for a close above $4,465 to confirm bullish continuation. Volatility ahead!
🔔 Will ETH defy gravity? Stay tuned!
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