Ethereum / TetherUS
Long

ETH/USDT | at a Crossroads – Hold Above $3440 or Sharp Fall!

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By analyzing the Ethereum chart on the weekly timeframe, we can see that after reaching $3940 and touching the key supply zone, ETH entered a slight correction and is currently trading around $3756. The key question now is whether it can hold above $3440 by the end of the week and push past $4000. If it does, we can expect another bullish leg toward $4100 and $4470. However, if the $3440 support fails, a sharp decline may follow — so this level is critical.

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Best Regards , Arman Shaban

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