Ethereum Prepares for Breakout

🔷Ethereum continues to hold above $4,550 after reaching a new all-time high of $4,956. Despite the correction, bulls remain in control, with ETH trading above key support and the 100-hour moving average. To resume growth, ETH must overcome resistance levels at $4,820, $4,850, and $4,920. A successful breakout above $4,950 could open the path to the psychological $5,000 mark and potentially $5,150.
🔷However, downside risks persist: if momentum fails, ETH could retrace to $4,680 and $4,580. Losing these levels would increase selling pressure, potentially pushing ETH down to $4,550 or even $4,440. For now, MACD signals weakening momentum, while RSI remains above 50, keeping the market in a zone of uncertainty.