On the 4-hour timeframe, ETH shows signs of potential divergence on indicators such as the stochastic RSI, which may indicate a possible slowdown in the current growth. Despite this, the MACD remains in the positive zone, supporting the upward movement.
The nearest resistance levels are in the $2300-$2350 zone, breaking through which can lead to a move to $3500 and higher. In case of a downward breakout, the key support is the level around $2100.
Trading volumes remain stable, but for the growth to continue, it is important to increase them, otherwise a rollback and correction are possible. It is important to monitor the dynamics of volumes and signals on longer timeframes, such as 1D TF, to confirm the strength of the current trend.
In the short term, it is important to consider possible flat movements or a correction before a new impulse.$ETH