$ETH 1. General Trend:
There is a strong upward momentum with long green candles, indicating significant liquidity entering and a strong buying momentum.
2. Current Resistance:
The level 4,880 represents an important resistance as it is the highest peak reached today, and if it is broken with a strong close, we may see an extension towards levels 5,000 – 5,100.
3. Near Support:
In case of profit-taking, the first major support is at 4,765, then 4,616 (short Fibonacci levels). Breaking these could bring the price back to the 4,400 – 4,300 area.