ETHโ€™s Next Move: Market Outlook & Analysis ๐Ÿ“‰๐Ÿ’ธ๐Ÿ’ฐ

$ETH is trading within a short-term range between approximately $3,500 and $3,750. A clean break above this range may catalyze a move toward $4,000, while failure to hold the lower boundary could see a downturn into the $3,300โ€“$3,100 zone.

A symmetrical triangle pattern is forming on the 4-hour chart near $3,620, often a precursor to strong directional moves. Clearing $3,700โ€“$3,745 could send ETH to $3,850โ€“$3,900, and potentially toward $4,100.

High sell pressure levels of $ETH may resist above $4,000, and potential downside could range from 25%โ€“35% if resistance fails to hold. Some analysts point to bearish overtones in market orders and volatility, indicating a struggle for control just below recent highs.

Bullish Breakout Price > $3,745โ€“$3,750 $3,900 โ†’ $4,100+

Neutral Consolidation Range-bound $3,600โ€“$3,700 Maintain structure, await volume trigger

Bearish Breakdown Below $3,500โ€“$3,580 Down to $3,300โ€“$3,100

#Ethereum #Write2Earn #TrendingTopic #TrendingPredictions #bullish