🧠 #ETH:

Dip or Breakout? What’s Next at ~$3,687?

Ethereum is currently trading around $3,687, hovering near a critical zone. Here's a fresh look at the key levels:

📉 Bearish Signals

Faces strong resistance near $3,850–$3,900 (today’s intraday high: $3,848) — repeated rejections may limit further upside

Volume is tapering off on rallies, hinting at weak momentum

On-chain momentum divergence between BTC and ETH suggests possible decoupling

📈 Bullish Trends

A breakout above $3,900–$4,000 could open the door to $4,100–$4,200, matching past cycle highs

Strong on-chain support between $2,400–$2,700, with additional cushion around $2,350–$2,400

Elevated staking levels continue — more ETH is being locked than sold

đŸ€” My Take

ETH is in a high-stakes zone at $3.6–$3.9k. A decisive break above ~$3,900 on solid volume could spark a move toward $4.2k. But if resistance proves stubborn, a pullback to $3,200–$3,400 or deeper toward $2,700–$2,800 is likely.

💬 What Do You Think?

Will Ethereum conquer the $4k mark, or are we heading for a pullback? Share your technicals, charts, and thoughts below 👇