đ„ $ETH at the Crossroads â Whatâs Next for Ethereum? đ„
Ethereum is holding strong near $4,200, and traders are watching closely. Veteran analyst Matthew Dixon highlights $4,200â$4,150 as the make-or-break zone.
đ Scenarios in play:
â
Bullish: Hold support â retest $4,580, then potentially rally to $4,860â$4,950 đ
âïž Neutral: Sideways chop between $4,150â$4,580 (RSI at 55 = balanced momentum).
â Bearish: Lose $4,150 â risk a slide toward $3,850â$3,800, or even $3,500 (Fib 61.8%).
Right now ETH trades at $4,205, down -2.6% in 24h, but still commands a massive $507B market cap.
The big question: Do bulls defend $4,150 and keep the uptrend alive â or do we see a deeper correction first? đ
For now, all eyes on $4.2K â the line between bullish continuation and bearish pressure.