🚨 $4,800 Barrier Blocks ETH — Retracement Ahead or Breakthrough Incoming? 🚀

Ethereum just capped a volatile week, peaking at $4,788 — just shy of its all-time high — before retreating to $4,450. The rally, fueled by Spot ETH ETF inflows of $3.7B over 8 days, faced its first setback with $59.34M net outflows on August 15.

🔥 Key Highlights:

Sell Wall at $4,800: Order-book data shows billions in sell orders — dubbed the “final boss” by Merlijn The Trader.

ETF Flows: BlackRock’s ETHA saw +$338M, but Grayscale & Fidelity posted heavy outflows.

Liquidity Heatmap: $4,800 is packed with resistance but could ignite a parabolic surge if broken.

Bearish Outlook: TradingView signals exhaustion — possible regression to $3,375 support (-20%) if ETH fails to clear resistance.

Bullish Case: Breach of $4,800 could set ETH on a run into price discovery.

📊 Trading Setup (Bearish Bias):

Entry: $4,440

Stop Loss: $4,790

Target: $3,375

ETH now stands at a make-or-break moment — does it reclaim momentum and crush the $4,800 barrier, or does a correction shake out the bulls first?

#ETH #Ethereum #Altseason #bitcoin #Xrp🔥🔥

👉 Do you think ETH breaks $4,800 next, or do we see a 20% pullback?