Ethereum is back in the spotlight as some analysts predict a downturn. However, the data suggests a more bullish outlook.
Key Levels of Ethereum to Watch
Analysts highlight several key levels to monitor:
- Immediate Support: $4,356 – this level has turned into a support zone after the breakout. - Major Support: $4,208 and $3,838 – both levels align with moving averages and previous consolidation zones. - Upside Target: $5,000 – the next psychological milestone that Ethereum could test in the coming weeks if momentum continues.
Short-Term Outlook: Rally Instead of Crash
Instead of a predicted collapse, Ethereum's structure suggests a **bullish continuation**. As long as ETH stays above $4,356, buyers are in control. A push toward $5,000 looks more likely than a breakdown. Only a decisive drop below $3,800 would revive the bearish scenario — and current momentum makes that outcome increasingly unlikely.
Ethereum Price Prediction: Is a Crash Coming?
While some analysts are calling for a major Ethereum crash, the chart tells a different story. With ETH breaking resistance, reclaiming moving averages, and showing positive RSI momentum, the bearish Head and Shoulders setup is effectively invalidated. Instead of a collapse, Ethereum appears to be building momentum for a new rally — with $5,000 firmly in sight.
In conclusion, the current market conditions suggest Ethereum may continue its growth. Patterns and key levels indicate significant opportunities for further rally, despite the warnings from analysts.
