Today's Ethereum Market Analysis!
After a significant rise this week, a correction has occurred, and the market is facing profit-taking pressure at high levels. News indicates that the rise was stimulated by Powell's Federal Reserve speech, but a subsequent flash correction triggered a large amount of liquidations (ETH liquidation amount reached hundreds of millions of dollars).
Resistance Level - $4,800–$5,000
Support Level - $4,100–$4,200