Ethereum (ETH) is consolidating around $3,800–$4,200.

• Bullish: Break above ~$4,500 could push to $5,000+ (supported by upgrades, ETFs, adoption).

• Bearish: Macro or regulation risks may pull it back to $3,300–$3,800.

• Likely: Ranging near $3,800–$4,500 short-term.

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