Ethereum broke $4K over the weekend, but just barely, before recovering support at our level at $4020. From there, the it rallied with the rest of the crypto market back to $4341, where we are seeing resistance as confirmed by a red triangle on the KRI. The Kovach OBV has picked up, but not to the extent where we are in full pump mode just yet. Ethereum is holding a narrow range between $4258 and $4341. The next target is $4450, a significant level that should take formidable momentum to break. Watch the vacuum zone below to $4020, which seems to be the floor for now.
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