⚡ ETH 13/9 — “Climbing to the peak of 4.7K, is Ethereum about to break through or collapse?”

Ethereum is in an extremely tense situation: the price has just surged, reaching the resistance levels of 4,700 – 4,800 – a zone that has "crushed" ETH multiple times in the past. Tonight, the market faces a critical moment: will it explode past the peak or reverse for a strong correction?

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🟢 Daily Frame Analysis

After many days of sideways movement, ETH has broken out strongly from the 4,300 – 4,400 range, continuously creating dense green candles.

Currently, the price is testing the resistance of 4,700 – 4,800 – a zone that has stopped ETH at least 3 times before.

If the daily candle closes above 4,800, ETH will open the path to 5,000 – 5,200.

Conversely, if rejected, the price may return to 4,400 – 4,300 to gain momentum.

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⏱ Hourly Frame Analysis

The H1 shows that the upward momentum is too hot, with ETH rising sharply near 400$ in just 2 sessions.

Currently, a red candle is appearing at the exact resistance of 4,700 – 4,800, indicating that profit-taking pressure has emerged.

Nearby support: 4,600 and further down 4,450 – 4,400.

If ETH holds 4,600 and then bounces back, the chance of breaking out of the 4,800 zone is very high.

On the contrary, breaking below 4,600 will be an early signal for a short-term correction.

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🎯 Main Trend for the Evening of 13/9

👉 Leaning towards an uptrend: Although some small correction phases may occur, the main trend tonight remains uptrend, as long as ETH does not break below 4,600.

⚡ If the breakout above 4,800 is successful, the short-term target will be 5,000 – 5,200.

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🔥 In summary: Tonight ETH is like a "warrior" standing right at the door of 4,800 – crossing it will be a legendary sprint, but if it collapses, the drop to 4,400 will not be light either.

#ETH #PhanTichKyThuat #CryptoNewss #long