The daily chart (1D) offers a bird’s-eye view of a narrative pivot. After a grim descent from $4,759.9 to $3,379.5, ethereum began carving out a new chapter, printing higher lows and showing buyers clawing back control.
The current bullish candles are flirting with the $4,100–$4,200 resistance zone, a level ethereum has yet to conquer with conviction. Volume during this recovery phase is rising—green candles backed by swelling buy pressure suggest real muscle behind the move. The macro tone? If ethereum holds above $4,000, this could mark the early innings of a medium-term bullish stretch.
