After a rally that grew ten hearty steps in a week to kiss $4,232 on a Monday where the skies seemed boundless, Ethereum found its vigor sapped as profit-takers swooped in like vultures. It fell close to the $4,100 mark-akin to a turnstile the trader needs to jump through to avoid the southbound wagon train of losses. 🏜️💨

This slump arrives as the charts exhibit a bearish double-handed handshake. Both low points of our financial plot sagged near the $3,713 mark, while the neckline of the tale perches around that hush-hush $4,100, now standing as a significant mountain to climb. In this saga, the threshold is now a resistance that looms overhead. 🐅💼

A breakout from such a tangled dance could ignite a domino pull strong enough to carry the day. Should Ethereum vault over the neckline, the bandwagon up to $4,491, a 10% jaunt from current stops, would be theirs for the taking. You calculate such dreaming by adding the depth of the double bottom to the breakout. 🏞️

Sharp as a Tumbleweed: The Euros’ Mixed Signals

But unless all your chickens come home to roost, some guardedness is best. See, our MACD, with a glint in its eye, nudges toward a bearish cross, while the RSI jerks out in a divergence that suggests a fading rally ought to heed caution soon. 🐶🎢

In the stalls now, $4,100 counts itself the immediate foe, with bedrock support tracing a line near $4,000. Hold it, and the westward bound remains plausible, keeping the dreams alive. 💪

Now, take a gander at this: CoinGlass, like a fortune-teller, spots a cluster of shorts between $4,100 and $4,200. If the market kicks up a jamboree above, it might stoke a smoky palette of short squeezes, and more valuable bulls could join the frolicking. 🛤️💰

Yet, foretright, look southward betwixt $4,000 and $3,900, where coins might once again find a cozy pillow of demand. Should Ethereum stumble here, many would rush to the rescue with the grip of bullion, fighting to hold the line. Bracer itself though-should it slip past $3,900, the tale darkens as liquidity thins, leading to perilous valleys, perhaps gravitating toward $3,700 or even the serenade of $3,650. 🏔️🎭