Ethereum Outlook – Key Levels in Play Amid Market Jitters

After a turbulent week across the crypto space—with volatility even bleeding into traditional equities—it's clear just how fragile sentiment remains. We’re seeing the usual overreactions: every minor selloff triggers calls that the bull market is over, despite the broader structure holding up... for now.

🔍 ETH Technical Outlook

Ethereum is retesting a major support zone between 4000–4200. This area has acted as a springboard before, but if it breaks decisively, it could flip to resistance, introducing more headwinds for bullish momentum.

Still, this may be shaping up as another dip-buying opportunity—if macro conditions remain stable and Bitcoin doesn't lead a broader breakdown.

🧱 Next Support Zone

If 4000–4200 doesn’t hold, the next major support zone is 3200–3300. This aligns with previous accumulation levels and would likely draw interest from larger buyers if price gravitates down there.

🔺 Chart Pattern Watch: Triangle Shift

We’ve been tracking a triangle formation, which now appears to be shifting from a symmetrical triangle to a descending triangle—a change in tone, but not yet a deal-breaker for the bulls.

The longer-term target remains intact: we’re still eyeing the 5700–5800 range, assuming structural support zones continue to hold and volume confirms any breakout.