Ethereum is trading near a critical channel, with price action tightening before the next breakout move. Buyers are trying to defend the $4,050 – $4,100 support zone, while sellers are adding pressure near $4,250 – $4,300.
🔹 Support Levels: $4,050 – $3,980
🔹 Resistance Levels: $4,250 – $4,350
If $ETH holds above support, momentum could push the price back toward the $4,350 zone. But if it breaks below $3,980, a deeper pullback may follow.
Outlook: ETH is at a turning point. Traders should watch carefully for breakout signals before entering strong positions.