Ethereum ($ETH ) Rockets Past $4,100 – Next Stop: $5,000?

Ethereum has surged to $4,100, posting an impressive 5.15% gain in the last 24 hours. This breakout marks a significant recovery from a session low of $3,884, driven by robust buying momentum that pushed ETH through key resistance levels. With trading volume spiking to 626,480.84 ETH, the rally signals growing market confidence.

Currently sitting at its 24-hour high, ETH is eyeing the next targets at $4,110 and $4,150, with potential for fresh highs if the bullish momentum continues. Sustained price action above $4,100 will be critical to confirming the upward trajectory and paving the way for further gains toward $5,000.

On the flip side, immediate support lies at $4,031.60, with stronger support at $3,952.40. Any pullback to these levels may present an attractive re-entry opportunity for traders eager to ride this trend.

With its bullish setup and strong volume, Ethereum remains a top pick for traders aiming to capitalize on this breakout. Keep an eye on ETH as it continues to dominate the market momentum.

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