$ETH is gaining strong technical momentum. Some analysts now target $4,300–$4,400 in the near term.
Over the medium-term, ETH could rally toward $5,000–$5,500, according to recent forecasts.
Key resistance to watch: around $4,670–$4,750. A clean breakout above that could fuel a major push.
Critical support: near $4,400 — if ETH falls below that, the bullish case weakens.
Technical indicators are aligning: MACD is showing strong bullish momentum.
But risk remains: there’s short-term consolidation expected before any breakout.
⚠️ Caution & Risks
According to a recent technical report, ETH might head toward a demand zone around $2,800–$2,900 if bearish pressure intensifies.
On-chain and momentum signals suggest this rally isn't guaranteed — the market may need a strong catalyst.
✅ Bottom Line
Ethereum feels “on fire” from a technical/momentum perspective: many models point to a strong rally, with $5K+ in sight. But it’s not a sure thing — key support levels are being closely watched, and a drop could bring serious downside risk if momentum breaks.

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