Price oscillates between critical levels: Ethereum’s price fluctuates between 3,500 USD and 4,000 USD, having recently found support at 3,500 USD. The recent rebound has heightened buyer interest, prompting another attempt at overcoming the established resistance at 4,000 USD.
Strong selling pressure near $4,000: Historical data indicates that 4,000 USD has been a key selling zone, often causing price pullbacks. The increasing buy pressure suggests Optimism for a breakout, but bearish signals on the RSI indicate traders should remain cautious.