Ethereum Bulls Eye $4,000 as ETF Buying Fuels Price Surge

Ethereum traded near $2,708 as of September 27th, up about one percent on the day. The broader move over seven days has been three percent higher, and the trend has turned constructive after months inside a falling channel.

The immediate support sits at the $2,346 zone, while the first real resistance cluster is near $2,900. Many traders are watching the near-term target of $3,600 to $4,000, which aligns with the Ethereum price prediction hub.

The main catalyst right now is ETF buying, but there's a risk of a stall under resistance. This tension is the whole story.