Ethereum (ETH) – $4,791

📊 Current Market View

ETH is trading near $4,791, holding firm above its key $4.7K support after a sharp rebound from the $4.1K–$4.2K zone. Price is consolidating below the $4.8K–$4.9K resistance, making this a crucial decision point for the next big move.

💹 Market Landscape

ETH bounced strongly from $4.1K–$4.2K, confirming deep buyer interest.

Current range sits between $4.2K–$4.5K, with liquidity clustered at $4.5K–$4.7K.

A decisive breakout above $4.8K could unlock upside momentum toward $5K and beyond.

📈 Forward Projections

Short-Term: Clean breakout above $4.8K → potential surge toward $5K–$7K.

Year-End: Price targets between $6.8K–$7K+, supported by ETF inflows & L2 expansion.

Long-Term: Analysts see potential toward $8K, driven by ecosystem adoption and institutional demand.

🎯 Strategic Entry Zones

$4,200–$4,300: Safer dip-buying zone.

$4,500–$4,600: Range-bound trading opportunities.

Above $4,800: Aggressive breakout entry aiming for $5K–$7K+.

⚠️ Risks to Monitor

Breakdown below $4.2K could trigger a drop toward $3.8K–$3.9K.

RSI moving above mid-60s may indicate overbought levels → risk of sharp pullbacks.

✅ Bottom Line

Ethereum remains structurally bullish, supported by ETF inflows, strong institutional demand, and Layer-2 growth. Best strategies:

Buy dips near $4.2K.

Trade strength around $4.5K–$4.6K.

Go aggressive on a confirmed breakout above $4.8K for $5K–$8K upside.

#ETH #Ethereum #Crypto #TechnicalAnalysis #Altcoins $ETH