Ethereum has run straight into its four-year ceiling, with price action pressing the $4,700 band that Kevin (@Kev_Capital_TA) repeatedly calls “the level that decides everything.” His latest broadcast frames ETH’s setup as binary: either a decisive break through this resistance — confirmed by a clean weekly close and a break of the down-trending weekly RSI line — or another rejection that extends a months-long pattern of weakening rallies.
Ethereum Teeters at $4,700 — Breakout Oor Bloodbath?
“The catch-up is over,” Kevin said, noting ETH has “finally caught up to basically where Bitcoin is at… it’s at its major resistance.” In his read, the $4,700 area is not a single tick but a supply zone defined by the prior cycle’s peak and reinforced by a “weekly downtrend on the RSI” that has capped every advance since early 2024. “Break resistance and the real bull will begin,” he added. Until that happens, he characterizes this band as the “line
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