Ethereum is facing difficulties at the resistance level of $4K, indicating a strong presence of sellers. This may lead to the price reverting to the support zone of $3.5K, creating an opportunity for buyers to return to the market with the goal of surpassing the $4K threshold.

- **Daily Chart**: A bearish reversal pattern is forming, signaling a potential correction to $3.5K. Ethereum is fluctuating between $3.5K and $4K, with the possibility of a breakout following a period of accumulation.

- **4-Hour Chart**: After buyers intervened, the ETH price increased but was rejected at $4K. It is expected that the price may drop to $3.7K before testing the $4K level again.

- **Onchain Analysis**: The liquidation map on Binance shows a liquidity concentration above $4K, making this area an attractive target for large investors. 🚀