Ethereum is trading around 4,460, and the structure points to a two-step move. First, I expect price to push into the 4,715 – 4,788 supply range, where rejection is likely. From there, ETH could retrace lower into the breaker block at 3,941 – 3,868.
That zone is where I’ll be watching for the stronger bullish reaction. A clean bounce there opens the door for expansion back toward 5,000+.
Patience is key — the reaction at those levels will guide the next leg.
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$ETH — Waiting for the Double Move
Ethereum is trading around 4,460, and the structure points to a two-step move. First, I expect price to push into the 4,715 – 4,788 supply range, where rejection is likely. From there, ETH could retrace lower into the breaker block at 3,941 – 3,868.
That zone is where I’ll be watching for the stronger bullish reaction. A clean bounce there opens the door for expansion back toward 5,000+.
Patience is key — the reaction at those levels will guide the next leg.
#ETH # Ethereum #CryptoTrading