Ethereum Battles Resistance at $4,700-$4,800: Will It Break Out or Fall Back?

Ethereum is facing a crucial turning point as its price action hovers near the $4,700-$4,800 resistance zone. This key barrier has repeatedly thwarted bullish momentum in recent months. A confirmed break above this level could unleash a surge towards $5,500 for buyers while failure may lead to a retest of supports around $4,100-$4,200 or even deeper liquidity near $3,942.