🚨 $ETH at Make-or-Break Support!

Ethereum has reached a key decision point. For bulls to keep the idea of one more high alive in this larger third wave, the support at $4,120–$4,130 must hold.

Why this level matters:

Previous resistance → now support

Fibonacci retracement support

Liquidity clusters from liquidation heatmap

🔑 Scenarios to Watch:

Bullish case: Bounce from $4,120 zone → break above $4,346 → next leg up in wave 5 possible.

Bearish case: Sustained break below $4,120 → larger wave 3 top likely in → next support $3,660–$3,370.

📊 Current Trend:

Locally → downtrend (lower highs, lower lows)

Larger timeframe → uptrend still intact

Watching $4,346 resistance for confirmation of reversal