$ETH 🚀 ETH dawns with the market in tension: Opportunity or trap?
📊 Key data for today:
Immediate support: $3,950
Strong resistance: $4,300
Institutional volume on the rise + Spot ETFs activating massive purchases.
💡 The outlook:
In the last 24h, Ethereum has outperformed Bitcoin and is receiving capital inflow from large funds. This, combined with the demand pressure in the order book, points to a possible push towards $4,800 if it breaks resistances.
⚠️ Attention:
If it fails to surpass $4,300 with volume, we could see a quick correction towards $3,950, ideal for strategic purchases.
📌 My view:
Today is a day to watch the volume like a hawk. Market makers are already positioning their orders; the moment to enter or exit depends on whether the price respects or breaks these key levels.
📅 Conclusion:
Buyers → Look for entries above $4,300 with confirmation.
Sellers → Look for signs of exhaustion near $4,300 to take profits.
📌 Source:
Binance | Reuters | MarketWatch
