📈🚀 Ethereum's price has hit a crucial support zone, bouncing back from a bearish correction. This zone is defined by the 0.5-0.618 Fibonacci levels and the 100-day moving average.

👀 The market is showing strong demand at this point, hinting at a possible mid-term bullish rebound.

📊 Technical analysis shows a bullish continuation flag pattern. If the price breaks out from this pattern, we could see a continuation of the bullish trend.

💰 The next target? The $4K resistance. But if the price drops below this support, the 200-day moving average will be the next line of defense.

📉 The Ethereum funding rate metric indicates bullish sentiment, suggesting demand near the $3.3K support level.

🗣️ What do you think? Will Ethereum continue its bullish trend or will it face a bearish correction? Let's discuss! #Ethereum #DeFi #bullish #cryptocurrency