ETH has already reached a new all-time high. Based on today’s trend, there hasn’t been a strong rebound, and the price has remained in a sideways range. I believe this current zone is a consolidation phase, gathering strength to soon break through the resistance level and reach $5,000.

$ETH



That chart grabbed my attention immediately. On the 15-minute ETH/USD view, the interplay of fair value gaps, swing highs and lows, rejection blocks, and prior-day levels forms a delicate tug-of-war between bulls and bears .

Here’s what I see. If Ethereum holds above the swing-low and rejection block—those zones where buyers have stood firm before—price could push back into the equal-highs and yesterday’s high, drawing in fresh liquidity and momentum . That scenario opens the door to another leg higher. But if it stumbles at those upper zones and breaks below that swing-low, a slide toward equal-lows or yesterday’s low becomes a quick possibility .

The structure here is textbook: break of structure, retrace, and trade from point of interest. It’s a setup that rewards patience and precise entries more than impulse trades .

In short, Ethereum is at a crossroads. A breakout or breakdown could set the tone for the next few hours. Watch those zones—and the price reaction there—for the clearest clues on what’s next.