Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead

- Michaël van de Poppe predicts ETH correction before breaking $4,000 resistance.
- Historical patterns show a 25% pullback following an 80% rally in 30 days.
- Ethereum has posted 56.7% monthly gains while outperforming Bitcoin in Q3 trading.
Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial resistance around $4,000 that has held for several years, predicting a correction before any decisive breakout occurs. His analysis suggests ETH will not penetrate this psychological barrier on the first attempt, instead requiring a dip to accumulate liquidity from long positions.
Van de Poppe’s assessment identifies the correction as essential for gathering fuel for subsequent upward movement. He emphasizes that any dip toward lower levels presents optimal accumulation opportunities for investors seeking exposure to Ethereum’s longer-term appreciation potential.
The post Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead appeared first on Coin Edition.
Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead

- Michaël van de Poppe predicts ETH correction before breaking $4,000 resistance.
- Historical patterns show a 25% pullback following an 80% rally in 30 days.
- Ethereum has posted 56.7% monthly gains while outperforming Bitcoin in Q3 trading.
Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial resistance around $4,000 that has held for several years, predicting a correction before any decisive breakout occurs. His analysis suggests ETH will not penetrate this psychological barrier on the first attempt, instead requiring a dip to accumulate liquidity from long positions.
Van de Poppe’s assessment identifies the correction as essential for gathering fuel for subsequent upward movement. He emphasizes that any dip toward lower levels presents optimal accumulation opportunities for investors seeking exposure to Ethereum’s longer-term appreciation potential.
The post Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead appeared first on Coin Edition.