Ethereum Price Analysis: Can ETH Make Another Run at $5K?

Ethereum Price Analysis: Can ETH Make Another Run at $5K?

Ethereum is trading with muted volatility, as both buyers and sellers lack conviction. The asset remains trapped within established ranges, with participants awaiting a catalyst to determine the next directional move.
Technical Analysis
By Shayan
The Daily Chart
On the daily chart, Ethereum continues to respect its ascending channel, though the price has slipped slightly below the mid-range. ETH is stabilising above the $4.2K–$4.3K support zone, but has failed to generate momentum toward the upper channel boundary near $5K.
The RSI sits around neutral, underscoring the absence of strong momentum in either direction. If ETH reclaims the channel’s midline and holds above its current base, the broader bullish structure will remain intact. A breakdown below $4.2K, however, would expose the $3.8K demand zone, while strength above $4.6K would reopen the path toward retesting the highs.

The 4-Hour Chart
On the 4-hour chart, Ethereum has shown the first signs of renewed bullish interest,

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We współpracy z: https://cryptopotato.com/ethereum-price-analysis-can-eth-make-another-run-at-5k/

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