⚡ Ethereum at $4,200 — Is success or failure decided here? 📉

Ethereum is stuck at the $4,200 level — this position will either push for the next wave of increase or cause ETH to turn down. The market decides here: Are the bulls or bears in control?

🔑 Focus on key levels

Support range: $3,950 – $4,000 → If ETH breaks below here, it may trigger a deeper correction.

Resistance wall: $4,200 → Still the ceiling suppressing ETH.

Upside target: If a strong breakout occurs, it could quickly surge towards $4,500 – $4,700.

⚠️ Reasons for caution

Overheating signals: Momentum indicators show ETH may be overbought.

Bitcoin dominance rising: Capital flows are skewing towards BTC, often unfavorable for $ETH .

Whale movements: On-chain data shows large holders locking in profits here.

🚀 Big picture

$ETH is walking a tightrope. If it can break through $4,200 on high volume = the trend continues. If it fails = it may slide down to $3,800 or lower.

💬 Question:

Do you think $ETH will break through $4,200 and rise, or is this the prelude to a brutal correction?

🔥 Share your thoughts — Bullish belief or bearish reality? Let's discuss together.