$ETH has completed its correction and, based on Elliott Wave Theory, is forming the 5th wave of growth. Support is in the $4060–$4140 zone, with key resistance at $4400. A breakout above this level could open the way to $4780 and potentially $4900+. Watch for the reaction around $4380–$4400. #ETH🔥🔥🔥🔥🔥🔥 #Elliottwave #TradingSignals
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📊 Current Situation $ETH has confidently held the EMA200 zone ($3,922) and bounced upward. On the 4H chart, a local reversal candle has formed, supported by rising volumes. MACD is showing the beginning of a positive impulse.
🔑 Key Levels to Watch Support: $4,000 – a crucial level to maintain the bullish scenario. Resistance: $4,500 and $4,800 – breaking above could open the way to retest the local high.
If $ETH consolidates above $4,350, further growth can be expected.
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Thanks to a massive influx of capital into ETFs, Ethereum has shown a sharp increase, after which the price has pulled back, forming a volatile structure with a potential bottom in the range of $4400–$4000.
📊 If $ETH holds above $4400, a technical recovery can be expected. A break below $4000 will signal a weakening of market sentiment.
Institutional investments, technological innovations, and political factors strengthen ETH's position as 'digital oil' in the long term.
💡 For medium-term investors, it is worth considering purchases around $4000, working on the principle: buy on dips, sell on rises. Patience and strategy will help leverage the next round of market fluctuations, which will be fueled by fundamental catalysts.
Ethereum ($ETH ) has once again reached a critical zone where the next move will be decided. These moments often become turning points — either the market gains fresh momentum, or a deeper correction follows.
🔑 Two main scenarios: Break and hold above the level
If buyers manage to push and hold the price above this key zone, it could trigger a continuation of growth with $ETH testing higher resistance levels.
Rejection downward
If sellers defend this level, we may see a pullback. This would mean the recent momentum has faded, increasing the chance of a deeper correction with liquidity grabs below local lows.
$HYPE E is showing active movements, and many traders see the current levels as an opportunity to lock in profits. With an entry around 44.77, a possible target could be the 41.51 level. This text is not financial advice, and the author bears no responsibility for your decisions.
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