Ethereum (ETH) has been consolidating just above $3,800, maintaining bullish momentum as institutional interest grows. With continued inflows into spot ETH ETFs and a strong rebound from recent dips, ETH is showing signs of strength going into the new week.
🔹 What’s Driving the Move?
ETF Demand: ETH ETFs continue to attract capital, supporting price stability.
Market Sentiment: Bullish bias as ETH remains above key moving averages.
Technical Setup: Support at $3,800 and resistance near $4,000 sets the range.
🔹 Most Likely Movement (Next 7 Days)
ETH is expected to trade within a $3,850–$4,050 range, with a breakout above $4,000 potentially opening the door to $4,200.
However, if ETH slips below $3,770, a short-term correction toward $3,650 could follow.
📌 Outlook: Bullish
🎯 Target: $4,050
⚠️ Risk Zone: Below $3,770
Stay tuned. A clean break above $4K could set the tone for Ethereum’s next leg up.