Ethereum’s Short-Term Outlook: Consolidation at $4,350 Sets the Stage for a Potential Breakout

Ethereum’s short-term price action reveals an intriguing consolidation pattern, with support located at the $4,350 level. This crucial level could determine whether the upward trend continues or if it weakens, leading to potential pullback toward $4,000. Charts indicate a possible ‘W’ formation, suggesting a period of accumulation before a substantial price surge towards the range of $4,800 to $5,000. %