🟪Ethereum is holding at $4,509 while retesting the $4,560 resistance zone that has capped rallies since August. A breakout could drive ETH to $4,700+, while a rejection risks a pullback toward $4,307. The technical setup forms a symmetrical triangle, with momentum indicators gradually strengthening on the bullish side.
🟪On the fundamentals, optimism has been boosted by a U.S. Treasury ruling exempting ETH from a 15% corporate tax, making it more attractive to institutional investors. At the same time, a net outflow of $22.4M reflects cautious accumulation, though uneven flows highlight the market’s underlying fragility.