ETH/USDT | ETH Update – Waiting for Confirmation Above $4K!

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.

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Best Regards , Arman Shaban