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$ETH Price Target $4K - But Daily Chart Shows Hidden Risk
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Ethereum's weekly chart shows bullish potential with a possible retest breakout targeting $4K, but daily timeframes reveal concerning downside risks that could limit upside momentum. Technical analysis indicates ETH faces resistance around $4K with potential pullback to $3.1-$2.8 range before continuation. Despite positive ETF inflows and on-chain metrics showing network usage near 2021 peaks, the daily chart suggests caution for short-term traders as bearish divergence and channel patterns could drive further consolidation before the next major move higher.
00:00 Ethereum Weekly Retest Analysis
01:15 Weekly Pattern Comparison & Support Levels
03:03 Altcoin Rotation Dependency on Ethereum
04:28 Weekly Longs vs Shorts & Social Dominance
05:34 Daily Timeframe Breakdown Concerns
07:41 Daily RSI Resistance at 4K Target
09:05 Double Top Pattern & Neckline Analysis
10:01 Liquidation Levels & Golden Pocket
13:05 On-Chain Data & Future Volume Analysis
14:14 ETF Inflows & Bullish News Review
15:29 Risk Management & Trading Strategy
#Ethereum # ETH #CryptoPriceTarget # TechnicalAnalysis #DailyChart @ethereum