⚠️ Ethereum Pulls Back After New ATH ⚠️
$ETH hit a fresh all-time high above $4,950, but sellers quickly stepped in. Now trading below $4,550 and the 100-hour SMA, ETH is mirroring Bitcoin’s correction.
📉 Key Breakdown:
Support levels: $4,350 → $4,280 → $4,150
Resistance: $4,500 → $4,550 → $4,620
A close below $4,250 could trigger deeper losses 🚨
💡 Bullish case: reclaiming $4,550 could open the path back toward $4,750 – $5,000.
Bearish case: losing $4,280 may drag ETH toward $4,120–$4,065.
👉 Is this just a healthy dip before $5K+, or the start of a bigger reversal?
