$ETH Ethereum is currently trading around $4,786. Throughout the day, the price fluctuated from $4,711 to $4,956, and this is clearly a zone of increased interest from major players.
🔻 Support:
• $4,200 — this is the foundation. As long as it holds — the bulls are in the game.
• If it breaks, the next stop could only be at $3,800–$3,600.
🔺 Resistance:
• The nearest barrier — $4,800.
• Above — already $5,000, a psychological and technical level that has been long awaited.
📊 What indicators and the market say:
• On the chart — signs of "cautious growth," but MACD indicates a possible slowdown.
• Whale activity is increasing at the $4,200 level — there may be entry points.
• The market is currently balancing between correction and potential breakout.
🎯 Scenario:
• A breakout above $4,800 — a chance to test $5k+
• Loss of $4,200 — a signal for a pullback to $3,800–$3,600
In the coming days, everything will be decided — ETH is at the brink. We are watching closely.