๐ Ethereum Breaks \$3,740 โ Bulls Eye \$4,000 as Momentum Builds
Ethereum (\$ETH) just smashed through the \$3,740 level with powerful momentum โ and the bulls are clearly in control. This breakout isn't just hype โ the technicals, fundamentals, and sentiment are all lining up for a potential run toward the \$3,900โ\$4,000 zone.
On the technical side, ETH $ETH
has been printing higher lows consistently, showing strong structure. It recently broke above key resistance at \$3,730, and the daily as well as 4-hour RSI remain solidly in bullish territory. No major bearish divergences are flashing, and price is comfortably holding above the 50 EMA โ a clear bullish signal.
Looking at fundamentals, ETHโs momentum is being fueled by growing excitement around the potential Ethereum ETF. Meanwhile, staking inflows remain healthy, and on-chain activity is slowly ramping up โ hinting at deeper market participation and investor confidence.
Sentiment-wise, things are heating up. ETH-related social chatter is spiking, and the Fear & Greed Index is tilting towards greed โ a sign that retail and institutional eyes are watching closely. Traders across the board are now anticipating a breakout rally continuation.
Key short-term resistance lies around \$3,780 to \$3,820. But if ETH manages to hold and close above \$3,750 with strong volume, we could easily see a move toward \$3,900 โ maybe even testing \$4,000 in the coming sessions.
This is a crucial moment for Ethereum. The trend is bullish, momentum is real, and the market is watching. Stay sharp โ and donโt miss what could be ETHโs next major leg up.
๐ ETHUSDT Perp: \$3,754.13 (+6.12%)
Letโs see how high Ethereum can fly!
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