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ETH Bulls Charge Again: Can Ethereum Reclaim Dominance and Smash $4,800?
Ethereum’s $3,680–$3,720 support zone has seen repeated rebounds confirming consistent buyer demand and market accumulation.
ETH dominance remains around 13%,while oversold conditions in technical indicators suggest potential upward momentum.
A close above the support zone could lead to capital rotation into Ethereum.
Ethereum bulls hold the price strong above key support zones and its dominance is nearing 13% and indicators are hinting at a rebound. Traders are eyeing a breakout toward the $4,800 mark amid renewed market optimism.
Weekly Key Levels and Market Sentiment
Weekly charts show Ethereum approaching two critical zones: the green box representing recovery and the red box as structural support. A close above the green box would signal renewed strength and possible capital inflows into altcoins.
Staying above the red box keeps the market in a consolidation phase. A weekly close below this area would indicate weakening structure, suggesting potential downward movement. Traders are advised to observe price action before entering positions.
Ali @ali_charts tweeted about a dream scenario where Ethereum could bounce from $3,800, break $4,900, and test $8,000. The chart uses a 3-day timeframe to illustrate historical cycles and potential bullish continuation.
Ethereum Price Action and Resistance Zones
Ethereum’s price has experienced sharp rallies in 2021 and mid-2025, followed by corrective retracements. Current charts show key horizontal resistance levels at $4,800 and $5,600. Support zones appear near $3,680–$3,720, acting as critical demand blocks for buyers.
The 4-hour ETH/USDT chart displays repeated bounces off this support, suggesting steady accumulation. Each recovery indicates strong buyer interest at these levels. However, diminishing bounce strength could point to weakening momentum ahead.
Source: Crypto Caesar Via X
A confirmed breakout above $4,800 may validate bullish continuation,but if Ethereum fails to hold it could drop to secondary support near $3,460–$3,500
Ethereum Dominance and Market Structure
Ethereum’s dominance — its share of the overall crypto market — has been slowly climbing, forming higher lows along an upward trendline.
At the moment, its dominance is around 13%, slightly below the recent 16% peak. The Stochastic indicator is oversold. This suggests that selling pressure is fading and a rebound could be on the way if dominance bounces off the trendline.
Conversely, if it breaks below the trendline short-term weakness will take over and possibly shift attention toward Bitcoin or other altcoins.
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