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$ETH - Ethereum Eyes $4,000 Resistance as Bulls Target $10,000 Milestone
Ethereum’s recent bullish momentum has reignited optimism across the crypto community. After weeks of steady gains, the spotlight now shifts to the critical resistance level at $4,000 — a psychological and technical barrier that could define the next chapter for $ETH .
For long-term believers, the dream remains ambitious: a five-figure ETH, with $10,000 as the ultimate target. But to get there, breaking and sustaining above $4,000 is essential. Failure to do so may see Ethereum revert to its historical consolidation pattern, potentially stalling its upward momentum.
On the downside, ETH is currently anchored by a strong support zone near $1,600, which coincides with the 400-week Simple Moving Average (SMA400). This level has proven to be a reliable re-entry point for mid- to long-term investors. However, it’s not without risk. A decisive breakdown below this floor could trigger renewed bearish pressure and extend losses.
As Ethereum continues to consolidate within this crucial range, traders and investors alike are watching closely. Will the bulls push through $4,000 — or will the bears regain control?