$ETH is currently testing a crucial turning point. After the recent pullback, Ethereum is attempting to reclaim the $4,100 zone — a level that once acted as strong support during its previous rallies.
If the price can hold above this region and flip it back into support, it would signal renewed bullish momentum, potentially confirming that the local bottom is already in. This could open the door for a push toward the next resistance levels at $4,250 and $4,400.
However, if $ETH fails to secure a daily close above $4,100, the bears may regain control, driving prices back toward the $3,900–$3,850 demand zone. The next few sessions will be critical to determine whether Ethereum begins its recovery or extends the current downtrend.