$ETH /USDT hovering around the $4,000 mark is indeed a key inflection point. Historically, this level has acted as a strong resistance, where market participants often take profits, leading to pullbacks. If bulls can sustain momentum and push above $4,000 with strong volume, it may signal the start of a breakout rally targeting $4,500–$5,000, driven by renewed investor confidence.
On the flip side, failure to break above $4,000 could trigger profit-taking or sell-offs, potentially pull ETH toward support levels around $3,500 and even $3,000. Monitoring volume, price action, and macro factors (like Bitcoin's movement or broader market sentiment) will be crucial for anticipating ETH's next direction.
Would you like me to analyze key indicators (RSI, moving averages, etc.) or discuss potential trade setups?
