🔷Ethereum remains resilient after rebounding from $4,182, aligning with the 0.382 Fibonacci retracement. This level has become a critical anchor: holding it allows ETH to test resistance in the $4,293–$4,300 zone. A breakout would open the path toward $4,406 and $4,565, while a breakdown risks revisits to $4,043 or even $3,820 — a strong demand area.
🔷On-chain flows support the bullish case. Continuous exchange outflows point to accumulation and reduced sell pressure. Notably, a recent $145M withdrawal coincided with price gains, strengthening the probability that reclaiming $4,300 could mark the start of a new bullish phase.