Ethereum (ETH) Technical View

Ethereum is progressing within a strong bullish trend while maintaining the rising channel structure. When the current price movements are analyzed:

The upward trend that started from the $2,730 level gained upward momentum by confirming the channel support.

•The $3,950 range acted as critical support in the medium term, and it gathered strength from this level to rise again.

•Currently, the target of $4,900 is on the agenda. If sustainability is achieved above this region, an acceleration of the upward movement is expected.

•According to the technical structure, Ethereum's first major peak could occur at the $5,500 level.

As long as the trend structure remains strong, short-term corrections may present buying opportunities. As long as the channel support continues to be maintained, medium to long-term bullish expectations for ETH are coming to the forefront.

🚀 Critical thresholds for investors:
•Supports: $3,950 – $4,300
•Targets: $4,900 → $5,500

Ethereum is preparing to take on a leadership role in the market during the upcoming altcoin season.

#ETH # Altcoin $ETH