We are seeing a significant potential for a bullish trend to persist on ETHEREUM, the current setup appears encouraging, indicating a possible bullish breakout.
To take advantage of the upcoming bullish momentum, it's advisable to wait for a breakout above the 3945 - 4110 blue range. A bullish violation of this area will likely lead to further growth towards the all-time high.
Obviously, ETHEREUM is somewhat overbought in the short term, but we have also observed a corrective movement from the highlighted resistance level first.