Ethereum Eyes $4,000 Again: SAR and MACD Confirm Bullish Momentum
Ethereum (ETH) is heating up, and the charts are flashing green. Based on recent Parabolic SAR and MACD indicators on the 4-hour and daily timeframes, ETH appears to be on a clear path back toward the $4,000 level.
Why $4,000 Is Back on the Radar:
Parabolic SAR Flip:
The Parabolic SAR dots have flipped below the candles, indicating a shift to bullish momentum. Historically, this signal often precedes strong upward moves.
MACD Crossover Confirmed:
On both the 4H and daily charts, the MACD line has crossed above the signal line, a classic bullish confirmation. Additionally, histogram bars are growing, suggesting rising buying strength.
Trend Structure Rebuilding:
ETH has formed higher lows, and resistance at $3,700–$3,750 is weakening. Once this level is broken, the path toward $4,000 opens up.
Volume Supporting the Move:
Volume is increasing with bullish candles — always a sign of genuine interest behind the move.
Technical Target:
Short-term: $3,850
Breakout confirmation: $3,750 zone
Target: $4,000–$4,100
