$ETH /USDT
The essentials of the moment:
Current price: around $4,297, fluctuating between $4,210 and $4,327 intraday.
Strong technical support:
The $4,090–$4,100 zone has shown strength, with a "bullish engulfing" pattern reinforcing the technical floor.
If maintained, it supports a potential bullish reactivation.
Key resistance levels in play:
An immediate barrier is located between $4,350–$4,380, with the main ceiling at $4,400. Breaking through this could pave the way to levels of $4,500+.
Technical context and momentum:
The 50-day EMA continues to rise, RSI is neutrally positive, and MACD still has a bullish bias.
Additionally, institutional buying—especially from whales—stands out after testing support at $4,100, strengthening demand.
Macro environment and institutional momentum:
Although Ethereum has dropped 12% from its highs, it continues to receive strong flows from ETFs.
Regulatory momentum (Project Crypto, stablecoins, DeFi under protection) and emerging projects like Remittix provide structural support for the rise.
Notable projections:
If support consolidates and resistances break, technical potential is estimated towards $5,500 this week.
In the longer term, optimistic projections point between $6,000–$8,000, depending on the institutional environment and network development.
Key Technical Scenarios
Scenario Key Condition Potential Objectives
Bullish Sustained close above $4,380–$4,400 Short-term: $4,500 → Medium: $5,000–$5,500
Neutral / Base Between $4,090–$4,380 Consolidation and technical accumulation zone
Bearish Drop below $4,090–$4,100 Risk towards $3,800–$3,950
Express Recommendation
Buy, if ETH manages to close above $4,380–$4,400, which could trigger the next bullish wave.
⏸ Wait, if it pulls back and stays between $4,090–$4,200, looking for clear signals before re-entering.
