Ethereum is gaining momentum but approaching important resistance at $4K. 🚀 Buyers are active, but the market may enter a phase of consolidation with increased volatility.
On the weekly chart, it can be seen that the price has broken through key moving averages, confirming buyer dominance. However, the $4K level may become a distribution zone for long-term holders.
On the 4-hour chart, there is a bullish signal, but the RSI divergence warns of possible consolidation. Be cautious, the market may slow down before the next move.