Title: Ethereum (ETH/USD) — Approaching Decision Zone Near $4,00🧭 Idea Summary:
Ethereum is consolidating between $3,600 and $4,200, forming a symmetrical triangle on the daily chart.
The market has shown resilience above the $3,700–$3,800 zone, while repeated rejections from $4,000 indicate a tightening structure before a possible breakout.
📊 Technical Overview:
Trend: Neutral-to-bullish in mid-term
Key Support: $3,600 – $3,725
Key Resistance: $4,200 – $4,275
Indicators:
RSI near 60 — momentum slightly bullish
MACD above signal line — positive bias
Price hovering around 20/50-day MAs
A daily close above $4,000 could confirm a bullish continuation toward $4,250–$4,600, while a breakdown below $3,600 might extend correction to $3,400.
🪙 Fundamentals:
Ethereum ETF outflows and Fed’s cautious stance have capped upside momentum.
Exchange reserves continue to drop (~2% monthly), supporting long-term demand.
Staking yields remain near 4.8%, providing steady network support.
💡 Conclusion:
Ethereum is entering a decision zone.
If bullish volume returns above $4,000, the next rally could target $4,500 in the coming month. Otherwise, watch for a retest of $3,600 support before a stronger move resumes.
