Ethereum continues to recover steadily on the chart, extending gains after rebounding from the $3,750 support zone. The pair has broken above the short-term resistance at $3,930, now turning that level into a potential support base. However, price action shows some hesitation below the $4,275 ceiling, suggesting the current move may be entering a consolidation phase before the next decisive push. The broader structure remains cautiously bullish, as ETH trades above both its 20- and 50-period moving averages, which are now sloping upward showing a sign of improving momentum. Still, the rally has yet to clear the ... (full story)