Ethereum Price Analysis: ETH Eyes Break Above $4K, But a Few Hurdles Remain

Ethereum continues to hold its bullish structure, trading just below the key $4,100 level. After a strong multi-week rally, the asset is showing signs of slowing momentum, but still maintains its higher-timeframe breakout structure.
With short liquidations still spiking and no signs of aggressive profit-taking yet, bulls are trying to push higher, but risks of local pullbacks are increasing.
Ethereum Price Analysis: ETH Eyes Break Above $4K, But a Few Hurdles Remain

Ethereum continues to hold its bullish structure, trading just below the key $4,100 level. After a strong multi-week rally, the asset is showing signs of slowing momentum, but still maintains its higher-timeframe breakout structure.
With short liquidations still spiking and no signs of aggressive profit-taking yet, bulls are trying to push higher, but risks of local pullbacks are increasing.