$ETH

faced a sharp shakeout after rejecting $4,340, pulling back to consolidate near $4,260 with heightened intraday volatility. Momentum signals suggest profit-taking after its recent strong rally from $4,193. Key resistance remains at $4,340, with a breakout opening the path toward $4,400–$4,450. On the downside, $4,200 stands as critical support; holding this zone preserves bullish momentum, while a breakdown risks a retest of $4,150–$4,120. Overall trend bias stays neutral-to-bullish above $4,200, but traders should watch for confirmation. A reclaim of $4,340 favors bulls, while failure to defend $4,200 may invite deeper short-term selling pressure.