🔷Ethereum (ETH) is trading near $4,386, holding above the key $4,200 support and the 20-day EMA. The price remains within an upward channel, with net inflows of $107.6 million pointing to accumulation by large investors. Analysts suggest ETH’s strength is reinforced by its stability above $4,000 and growing institutional interest.
🔷The critical resistance zone lies between $4,530–$4,550. A breakout here could pave the way toward $4,800 and potentially $5,000. Failure, however, could send ETH back to $4,200 or even $4,015. Experts warn of heightened volatility but remain optimistic about a potential acceleration in growth over the coming weeks.