$Alright, it is clear that $ETH is now actually testing the first resistance area of 1968 - 1975$ that we mentioned, and this is a very important development.
The price has now entered a sensitive phase:
If it breaks above 1975$ with a 4-hour candle closing above it, this is a clear sign of strength, and the next target would be reasonable at 2000-2020$.
However, if the price fails and breaks above it in a false manner (for example: a candle with a long wick above 1975$ then returns below), this is a warning of an upcoming correction.
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✅ If you are in a buy position:
Watch the candle closing, and if weakness or a pullback starts to show, consider closing part and securing some.
If the price closes strongly above 1975$, you might raise your stop below 1940$ and target 2000$.
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✅ If you are thinking about entering now:
Honestly, entering now at the peak is risky, especially with the high RSI (strong buying saturation).
It’s better to wait:
A clear break above 1975$ with strong volume → quick entry targeting 2000$ with a stop at 1940$.
Or a correction towards 1900-1880$ → and here would be the ideal entry with lower risk and higher potential profit.
