Technical analysis by Katri01 about Symbol ETH on 12 hour ago

ETH has rallied sharply and is now entering the major resistance zone between $3,725 and $4,081, which has repeatedly acted as a local top during previous cycles. This red zone represents a high-supply area, and historically ETH has struggled to break and hold above it without a significant catalyst. Rejection here could lead to a pullback toward the $2,300–$2,000 range. A clean breakout and weekly close above $4,081 would flip this resistance into support and open the path toward the all-time high (ATH) at $4,868. If ETH reclaims this red zone and flips it to support, it will act as a major trigger for a broad Altseason. Historically, such ETH strength is a key confirmation that capital is rotating from BTC into the altcoin market. Currently, momentum is favoring bulls unless this red supply zone causes a strong rejection.