Ethereum Breaks Resistance at $4,200: Technical Signals Point to Continued Gains

Technical analysis paints a bullish picture for Ethereum (ETH), with analysts eyeing the $4,200 level as its next key target. A recent Golden Cross on the daily chart, last preceding a 63% surge in ETH price, signals heightened upside potential. Additionally, a broadening wedge pattern on the weekly chart suggests further upward momentum. Traders point to bullish signal from options flow and overall market structure.