#TradingAnalysis101 Ethereum Eyes $4,000 – Breakout or Fakeout?

Ethereum (ETH) is testing the critical $4,000 resistance level after weeks of bullish momentum. The price is forming a potential ascending triangle, which is typically a bullish pattern. A breakout with strong volume could send ETH toward $4,500. However, if rejection occurs, we might see a pullback to the $3,700 support zone. The RSI is hovering near 70, indicating overbought conditions, so a short-term correction is possible. Traders should wait for confirmation before entering trades. Will ETH break higher or face resistance? Share your thoughts below!