Overview

• ETH broke an hourly bearish trend line and now trades above the 100-hour SMA, with price holding over $4,150 and immediate resistance near $4,250.
• Chart watchers highlight $3,800–$4,000 as a key support band, with further downside cushions at $4,020, $3,950, and $3,880 if the rebound stalls.
• Bitmine Immersion Technologies reportedly bought about $480 million in ETH via on-chain transfers, bringing its treasury to roughly 2.96 million tokens.
• EzyBitcoin says a confirmed CrossX buy signal from the $3,800–$4,000 base could open a move toward $5,700–$7,500, while Darkfost frames the recent drop as a possible wave‑4 bottom with $5,000 in view if EMAs near $4,250 give way.
• On-chain firm Alphractal notes a downtrend in Exchange Withdrawal Count versus past cycle-top spikes, suggesting the cycle peak may not be in despite recent volatility.