$Ethereum has been showing strong bullish momentum, pushing aggressively upward. Right now, it’s trading in a critical zone that could determine its next major move.
The upper red resistance zone is the key area to watch. If ETH fails to hold within this zone, a drop is likely. However, if the 4-hour or daily candle closes above it with strong bullish pressure, the price could rally toward the $4,200–$4,500 range.
So far, ETH has already faced one rejection from this resistance. If it gets rejected two to three more times, the probability of a downward move increases significantly.
“Ethereum’s V-Shaped Comeback: Whales Tried to Shake Us, But We’re Still Charging Past $4K”
$ETH Whales tried to shake the $ETH community to its core. That climb toward $4,000 was no fluke, and they knew it. From the highs of the $3,900 range, they unleashed a heavy sell-off, forcing the price down to nearly $3,400. The goal? To spark panic, make you doubt the uptrend, and convince you to give up your stake in the future of decentralized finance.
But the market told a different story. What followed was a sharp and powerful V-shaped recovery — a clear signal that every drop was absorbed by strong hands. This wasn’t a crash; it was a calculated shakeout, paving the way for the real breakout. While some dumped at the lows, the visionaries were quietly accumulating.
Today, ETH sits at $4,046.99 (+5.57%), and the message is loud and clear: ⚡ They saw weakness; we saw opportunity. 💎 They sold in fear; we held with conviction. 🚀 They will now be chasing as we push past $4K toward the next target.
This brief pullback could be the last boarding call before a potential move toward $4,400. The reversal is in motion, momentum is building, and the ignition point has been reached.