ETH/USD Bullish Breakout Targets 4,197

[etfs]

Looks like ETH is flexing some muscle on the 2H chart.
We’ve broken above the channel, and momentum is pushing toward the $4,197 target.

Key levels to watch:

Support 1: $4,048

Support 2: $3,954

As long as ETH holds above $4,048, the bias stays bullish. A dip toward support could be a healthy retest before another leg up.

Not financial advice, just sharing my chart. 🧐
What’s your play here? Accumulating, taking profit, or waiting for confirmation?

[jacson4]

That breakout above the channel on the 2H chart is looking strong! ETH holding above $4,048 is the perfect scenario for bulls, and the fact that momentum is pushing toward the $4,197 target makes this setup even more exciting.
I wouldn’t be surprised to see a small dip back toward $4,048 or even $3,954 for a healthy retest before we continue upward. Those levels could act as great accumulation zones for anyone looking to catch the next leg higher.
If we maintain this strength and volume builds on the next push, we could see ETH smashing through $4,200 and eyeing new highs soon. This is the kind of clean breakout traders dream of!

[Nahid10]

ETH really showing its strength right now! The break above the channel and a clear path toward $4,197 puts bulls in control. The $4,048 support is the line in the sand for keeping this momentum alive — as long as we stay above it, the bias stays bullish.
A dip to $4,048 or $3,954 could shake out weak hands before another surge higher, so I’m personally treating any pullback as a buying opportunity. The 2H chart structure is looking solid, and if buyers keep stepping in, $4,200 could just be the warm-up for something bigger.
Curious what everyone else is doing — are you adding here or waiting for the retest?