#ETHReboundSoon?

Although Ethereum has remained under general market pressure in recent weeks, recovery signals are strengthening.
Currently, ETH is trading around 4,900 dollars and is maintaining a critical support level.

🔹 On-chain data
The number of active addresses is on the rise again. The purchases of large wallets (whale) have shown an upward trend in the last 48 hours. This is typically interpreted as a signal of accumulation in the dip areas.

🔹 Technical outlook
The 4.750 – 4.800 range is strong support, while 5.050 – 5.200 stands out as the first resistance band.
There are reversal signals seen from the oversold area on the RSI side, while the MACD is very close to a positive crossover.

🔹 Scenario
1️⃣ Daily close above 4,800: Short-term upward potential towards 5,200.
2️⃣ Breakout below 4,700: Correction area down to 4,450.

My personal opinion is that buyers are determined to defend this area.
The upcoming network updates and the decrease in staking withdrawal rates are also supporting price stability.

This content is not investment advice.
It seems that the possibility of ETH gaining strength again is increasing. What do you think?
#ETHReboundSoon?