Ethereum on the attack! 🚀

After facing resistance at $4K and pulling back to $3.5K, Ethereum has seen a strong resurgence of buying. Now, the price is approaching the $4K barrier again.

- A breakout could trigger a short-squeeze, pushing the price higher.

- On the 4-hour chart, ETH is moving in an ascending channel, with $4K as key resistance.

- Funding rates show increasing interest in long positions.

What do you think? Will ETH manage to break above $4K? Comment!