📈 $ETH back at $4,500 — building pressure both ways
Tom Lee says $5,500 is just weeks away, with year-end targets shouting $10K–$12K. Meanwhile, 70% of traders are betting ETH hits $5K soon.
🔎 Technical setup looks sharp: ADX 39 → trend intact, just catching its breath RSI 58 → sweet spot, not overheated EMA50 > EMA200 → golden cross, bulls still in charge Squeeze Momentum: ON → ready for the next leg
📅 Seasonal vibes: September tends to wobble, but October’s “Uptober” has a history of ripping higher. Hold $4,300–$4,500 and a $5K breakout in October is very much on the table.
🐂 Takeaway: $5K isn’t the main course, it’s just the appetizer. The real feast comes in Q4. 👉 The question isn’t if ETH hits $5K, it’s where do we celebrate after it does? 🍻
#ETH ATH ---------------------- 📈 $ETH is back at 4500, and both sides are holding back big moves.
Tom Lee said he expects to see 5500 in a few weeks and is calling for 10,000 to 12,000 by the end of the year. The market bets that 70% are confident that 5K is not far away.
🔎 The technical aspect is quite intriguing: ADX 39 → The trend is still alive, just taking a breather. RSI 58 → Sweet Spot, not overbought yet EMA50 > EMA200 → Golden Cross, the bull is still in the arena Squeeze Momentum: ON → Ready to open a new copy
⚖️ Key level: Pressure: 4800, 5000–5200 (historical big boss) Support: 4300, 4000, 3500 (bullish support points)
📅 September traditionally sees a decline, but October, known as Uptober, usually experiences a surge. Hold 4300–4500, the probability of a surge to 5K in October is quite high.
🐂 Conclusion: 5000 is not the end point, just like an appetizer; the real main course is in Q4. 👉 ETH is not about whether it can reach 5K, but rather where to go for drinks after it hits 5K 🍻
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📈 $ETH back at $4,500 — building pressure both ways
Tom Lee says $5,500 is just weeks away, with year-end targets shouting $10K–$12K.
Meanwhile, 70% of traders are betting ETH hits $5K soon.
🔎 Technical setup looks sharp:
ADX 39 → trend intact, just catching its breath
RSI 58 → sweet spot, not overheated
EMA50 > EMA200 → golden cross, bulls still in charge
Squeeze Momentum: ON → ready for the next leg
⚖️ Key levels to watch:
Resistance: $4,800, $5,000–$5,200 (historic bosses)
Support: $4,300, $4,000, $3,500 (bulls’ recharge zones)
📅 Seasonal vibes:
September tends to wobble, but October’s “Uptober” has a history of ripping higher.
Hold $4,300–$4,500 and a $5K breakout in October is very much on the table.
🐂 Takeaway:
$5K isn’t the main course, it’s just the appetizer. The real feast comes in Q4.
👉 The question isn’t if ETH hits $5K, it’s where do we celebrate after it does? 🍻
#ETH ATH
----------------------
📈 $ETH is back at 4500, and both sides are holding back big moves.
Tom Lee said he expects to see 5500 in a few weeks and is calling for 10,000 to 12,000 by the end of the year.
The market bets that 70% are confident that 5K is not far away.
🔎 The technical aspect is quite intriguing:
ADX 39 → The trend is still alive, just taking a breather.
RSI 58 → Sweet Spot, not overbought yet
EMA50 > EMA200 → Golden Cross, the bull is still in the arena
Squeeze Momentum: ON → Ready to open a new copy
⚖️ Key level:
Pressure: 4800, 5000–5200 (historical big boss)
Support: 4300, 4000, 3500 (bullish support points)
📅 September traditionally sees a decline, but October, known as Uptober, usually experiences a surge.
Hold 4300–4500, the probability of a surge to 5K in October is quite high.
🐂 Conclusion: 5000 is not the end point, just like an appetizer; the real main course is in Q4.
👉 ETH is not about whether it can reach 5K, but rather where to go for drinks after it hits 5K 🍻
#ETH ATH