**Ethereum: Drama in the $4K Zone! 🎭**
- **Ethereum is rejected again in the $4K zone!** Like watching a soap opera, this rejection drama is nerve-wracking. Sellers are still strong in this area, making buyers have to think hard.
- **There is an opportunity at $3.5K!** If the price falls back to $3.5K, this is an opportunity for buyers to come back in and try to go up to $4K. Who knows, this time it can break through!
- **Technical Analysis:** On the daily chart, there is a double-top pattern that could make the price drop to $3.5K. But if it can break through $4K, get ready to see Ethereum fly higher!
- **4-Hour Chart:** Buyers had time to make the price go up, but unfortunately it was rejected again at $4K. Now, Ethereum is playing between $3.7K and $4K. Get ready, there could be new drama!
- **Onchain Analysis:** There are many liquidations above $4K, making this area attractive to whales. Who knows, this could be a bullish breakout signal!
What do you think? Let's discuss in the comments column!