⚔️ $ETH Buyers and sellers are battling over $4,600 – who will assert their dominance? 🏹📊
📉 After a strong rejection from the $4,850 area, Ethereum filled the fair value gap (FVG) and retraced towards the $4,350 – $4,400 support, where buyers intervened strongly.
📈 Since then, an upward channel has formed, reflecting continued demand – but selling pressure remains present at every bounce.
The $4,600 – $4,650 area has proven to be a solid supply zone, while the price responded again with a bullish wave after touching $4,500.
🎯 Next watch level?
→ Break of $4,650 = potential push towards $4,730
→ New failure = return towards $4,500 and possibly $4,400
🧠 The market shows a fragile balance between bears and bulls… but this balance does not last long. A big move is coming.
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