By analyzing the #Ethereum chart on the weekly timeframe, we can see that price has been consolidating around the $4,000 level after a sharp recovery from the $3,400 demand zone. This sideways movement shows ongoing accumulation, but a clear breakout and close above $4,000 is still needed to confirm renewed bullish momentum.
As long as ETH holds above the $3,900–$4,000 support range, the broader bullish outlook remains valid. The next upside targets are $4,950, $5,500, and $6,000, but continuation strongly depends on Bitcoin’s ability to stay above $112K.
In short — ETH is gearing up for its next move, but the key lies in a confirmed breakout above $4K with BTC providing stability.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
As long as ETH holds above the $3,900–$4,000 support range, the broader bullish outlook remains valid. The next upside targets are $4,950, $5,500, and $6,000, but continuation strongly depends on Bitcoin’s ability to stay above $112K.
In short — ETH is gearing up for its next move, but the key lies in a confirmed breakout above $4K with BTC providing stability.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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