📉 Ethereum chart review 📈 🎯 Key Levels to Watch: • Above: 4470 / 4540 / 4683 / 4777 / 4830 • Below: 4520 / 4470 / 4332 🔥 ETH Liquidation Heatmap: • Above: 4530 / 4665 / 4800 • Below: 4304 / 4244 / 4155 Ethereum didn’t print a new ATH Monthly close, but the month was still bullish overall. On the Weekly, $ETH closed with a bearish engulfing inside an uptrend. Data from different sources still suggests the market expects ETH to outperform BTC mid-term. ETHBTC’s red weekly candle hints that ETH may have finished its second impulse up—meaning at least one more should remain in reserve. Whether we see a correction first is impossible to call. Alternatively can turn into choppy sideway consolidation. Key level now is ~4470, aligning with the Daily 20 SMA and Yearly VAH2. Friday’s NY POC sits at ~4316. A rejection here and drop below POC could send ETH as low as 3700. But acceptance above 4470–4500 opens clear short-term targets and very positive mid-term prospects. Best move now: pause and wait for confirmation. ⏰ TG alarms set for: 4498 and 4255 (weekend high and low)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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