ETH had a strong rally through July–August, but now price is consolidating between $4,200–$4,500.
✅ Bullish Case
If ETH holds above $4,200 support and breaks past $4,500 resistance, we could see momentum carry toward $4,800–$5,000 next.
❌ Bearish Case
If ETH loses $4,200 with a strong close, watch for a deeper pullback toward $3,950–$3,800.
🎯 Takeaway
ETH is in a sideways consolidation after a strong run. The next breakout from this range will likely decide the next big move.
👉 Are you leaning bullish continuation or bearish pullback here?
Don't forget to follow me, boost this post and comment your ideas.
-Neo
✅ Bullish Case
If ETH holds above $4,200 support and breaks past $4,500 resistance, we could see momentum carry toward $4,800–$5,000 next.
❌ Bearish Case
If ETH loses $4,200 with a strong close, watch for a deeper pullback toward $3,950–$3,800.
🎯 Takeaway
ETH is in a sideways consolidation after a strong run. The next breakout from this range will likely decide the next big move.
👉 Are you leaning bullish continuation or bearish pullback here?
Don't forget to follow me, boost this post and comment your ideas.
-Neo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.