Technical Picture
On the 4-hour chart, ETH is trading inside an ascending channel. Key levels to watch include:
- Support: around $4,190, with a deeper liquidity zone slightly above $4,000.
- Resistance: $4,780 and $4,880, which mark the upper supply zone.
ETH vs. BTC Performance
Ethereum has been moving more decisively than Bitcoin, benefiting from factors such as staking demand, Layer 2 expansion, and stronger DeFi activity. While BTC remains the dominant market driver, ETH is showing relative strength — a sign that capital rotation could favor Ethereum in the short term.
Conclusion
If support near $4,190 holds, ETH could push toward the $4,800–$4,880 zone before facing serious resistance. While Bitcoin sets the overall market tone, Ethereum’s stronger fundamentals and technical setup suggest it could recover faster and extend gains earlier than BTC.
