The recent performance of the Ethereum market is impressive! 🎉 In the past week, the price of Ethereum has risen by 7.5%, which has put many investors in a good mood. The emergence of the golden cross, a bullish technical indicator, along with the current RSI (Relative Strength Index) of 63.6, suggests that the price may rise further. However, the market is at a critical moment, and the future trend will depend on the changes in support and resistance levels.

The resurgence of whale activity is a phenomenon worth paying attention to. Currently, the number of wallets holding at least 1,000 ETH has increased to 5,615, indicating that the confidence of large investors is recovering. If this trend continues, it may further drive up the price of Ethereum. The RSI indicator has fallen from overbought levels, showing a shift in market sentiment from neutral to bullish. If the RSI rises to around 70, it may reignite upward momentum; but if it falls below 50, it could signal a weakening of market strength.

The golden cross of Ethereum formed earlier this month supports a bullish outlook, with the next key resistance level in the market at $3,827. If this level can be broken, it may pave the way for a move towards $4,000; however, to avoid a decline, maintaining the support level at $3,543 will be crucial.

For investors, this is undoubtedly a moment worth closely monitoring. Market changes are always full of uncertainty, but they also provide us with more opportunities and challenges. What do you think about the future trend of Ethereum? Feel free to share your thoughts and insights in the comments! 📈💬