Ethereum (ETH) is trading at $4,713 after breaking out of a narrow range on Friday, showing that bulls are gaining strength.
๐ Bullish Scenario:
Next key resistance is at $4,957.
If ETH holds above $4,500 after a pullback, it could confirm strength for an upside breakout.
In that case, ETH/USDT may rally toward $5,500.
๐ Bearish Scenario:
A drop below $4,250 could show that sellers are active on every rally.
This may push ETH down to $4,060 and then to $3,500.
๐ฅ For now, bulls are in control, but the reaction at $4,957 will decide Ethereumโs next big move.
ETHUSDT
Perp
3,072.75
-3.06%