 | Ethereum has been on fire in the past 24 hours, gaining +5.88% and trading at 3,919 USD. The real story isn’t just the price, it’s the 42.9B trading volume, up more than 64% in a single day. That kind of liquidity spike often signals major moves ahead. The 4,000 mark is more than just a round number. It’s a psychological barrier for traders and a technical resistance level that has stopped ETH multiple times in the past. Break it with volume, and we could see momentum carry ETH toward its previous ATH and maybe beyond. Fail to hold above 4K, and we might witness a sharp correction as over-leveraged positions unwind. The current setup feels eerily similar to historical pre-breakout phases, where consolidation near a key level led to explosive upside. But the risk of a “fakeout” remains, especially if macro conditions or Bitcoin price action turn against the market. So here’s the question: If ETH clears 4K, are you ready to ride it to new highs, or are you taking profits before the volatility storm hits? [link] [comments] |
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