#ETHRally
Based on the latest analysis, the outlook for Ethereum (ETH) next week appears bullish. ETH recently surpassed the key resistance level of 4,000 USD and is currently trading around 4,600 USD, approaching its all-time high of about 4,870 USD. The momentum is driven by strong technical indicators and positive market sentiment.
Technical analysis shows that ETH is in a medium-term uptrend channel, and most moving averages indicate a "strong buy" signal. The Relative Strength Index (RSI) is high but not yet in the overbought zone, suggesting that there is still room for upward movement. Key support is now in the range of 4,000 to 4,200 USD, while the next significant resistance is the all-time high...