ETH has recently surged past the $3,700 mark and is trading around $3,710–3,730, signaling significant bullish momentum .
Daily charts reveal overbought RSI levels (~86–94), Heikin‑Ashi candles without upper wicks—signs of a strong upward trend, though a short-term pullback remains possible .
Key resistance lies around $3,950–4,000—a break above could trigger a rapid move toward $4,200–5,000 . Immediate support sits near $3,500–3,600 .
If ETH consolidates above $3,600, odds increase for a clear break of the $4,000 resistance.
A rejection at ~$3,950–4,000 could lead to a dip back to $3,500–3,600—an attractive entry range for bulls.
Sustained momentum and ETF-driven flows may target $4,200–5,000 within weeks, with $5,000 being the next psychological milestone #ETHBreaks3700