📢 Good news for Ethereum fans! ETH price looks set to surge towards $4,000 again in the near future. 😄 Based on technical analysis, the daily chart shows consolidation below the $3,600 level. If it breaks through, get ready to welcome an increase in ETH prices! 🚀

From the 4-hour chart, an inverted head and shoulders pattern can be seen indicating a change in bullish momentum. The Relative Strength Index is also above 50%, you know! 💪

However, you need to be wary of an increase in Ethereum reserves on exchanges which could trigger a price decline. So, will ETH return to the $4,000 level or will it experience further declines? 🤔 Come on, give your opinion in the comments column! 👇