$ETH Ethereum is testing a critical resistance zone at $4,200 where multiple technical indicators are converging. After reclaiming key moving averages, ETH bulls face a make-or-break moment that could either launch a new rally or trigger a short-term pullback.

After weeks of choppy sideways action, Ethereum has finally found its footing. The second-largest cryptocurrency has climbed back above several important exponential moving averages on the 4-hour chart, sparking renewed optimism among traders. Now all eyes are on $4,200—a crucial level that combines technical resistance with a dense volume cluster. If ETH can push through and hold above this zone, it could signal the start of a sustained uptrend. But if bulls fail here, a temporary pullback might be in the cards before the next attempt.

👉Multi-Layer Resistance at $4,200

According to technical analyst OASIS, Ethereum's 4-hour chart shows price consolidating just below $4,203, where the 200 EMA (around $4,103) intersects with a major volume node. This area has become the key battleground between buyers and sellers.

ETH recently reclaimed all major EMAs, which now act as stacked support levels:

  • EMA 12: $4,081.9

  • EMA 26: $4,012.8

  • EMA 50: $3,984.2

  • EMA 200: $4,103.2

As long as price holds above $4,000, the bullish structure stays intact. A clean 4-hour close above $4,203 would confirm the breakout and open the door toward $4,323 and potentially $4,451. However, rejection at resistance could push ETH back down to the $4,081–$4,012 zone, or even $3,984, before another rally attempt.

👉Technical Indicators Show Strength—With Caution

The indicators paint a mostly bullish picture, but with some warning signs:

  • RSI (14): Sitting around 69.8, approaching overbought territory—momentum is strong, but a breather could be coming

  • Stochastic RSI: Spiked above 90, signaling near-term overextension

  • MACD (12/26): Firmly positive with widening momentum and no crossover in sight

  • Volume Profile: Heavy concentration near $4,100, matching the liquidity zone shown on the chart

  • Bottom line: bulls are in control, but expect some volatility around resistance before any confirmed breakout.

Ethereum's recent bounce isn't happening in a vacuum. Improving crypto sentiment, rising Bitcoin ETF inflows, and excitement around upcoming network upgrades like EIP-4844 have all boosted investor confidence. Add in stabilizing gas fees and progress on scaling solutions, and Ethereum's fundamentals look solid—giving technical traders plenty of reason to stay optimistic.

🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰

Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩

🚀🚀🚀 PLEASE CLICK FOLLOW BE MASTER BUY SMART - Thank You.